Indy Smith
Questions about subject-to purchases
Hi everyone, Can someone please clarify a few things about subject-to for me? I understand that you essentially take over the existing mortgage from the seller, thus "subject-to the existing mortgage". Does the buyer ...
Melissa Dorman
Anyone investing in Portland, OR? Need some help.
Hey all, I'm from Los Angeles. My partner was accepted into Portland State University for a master's program. We are not sure if it's a viable place to move/invest given our limitations. I would have about $60,000 sav...
Jordan Pothier
purchase during pandemic?
Hey everyone,
I am needing some guidance on what you guys think about moving forward with a purchase on an investment property. I will be staying at this place 1 week out of the month in a basement that I will be fi...
Taylor Green
Lending money in second position?
Hi,
I was wondering what everybody's opinion is of making loans in second position. Under what circumstances is it alright to consider a loan in second position? Thanks in advance!
Stephen Hundley
My First BRRRR Property Successfully Completed!
What do you get when you mix a few arrests, drug dealing and unpaid property taxes? My first BRRRR property that's what! Back in early June, the city released their list of unpaid property taxes from the year prior. I...
Greg Elfrink
Newbie Investor - Where to Invest?
Hey everyone,Not sure if this is the right place to post this but figure would ask here :-)I’ve been a big fan of BP for a while and have started saving money for my first property. I have a property now that I became...
Lloyd Segal
Economic Update (June 29, 2020)
Economic Update(Monday, June 29, 2020)
The economy turned the corner in May after the sharpest and fastest downturn in U.S. history, but further progress in recovering from the pandemic is likely to come much slowe...
Tandi H.
Rate quote today : 5.125% for 30 year
What do you think of this rate? I'm wanted to jump on locking in a lender in case rates go up at the Fed meeting next week....Property info: Duplex, $155k, 25% downRate quote: 30 yr fixed, 5.125% (no points), $1339...
CJ Ashton
Funny "I'm raising your rent at renewal" conversation
So, I have a tenant that is finishing up their 3rd year in a rental I manage for my in-laws. Outside of one or two hiccups, they are really good about paying their rent on time. Additionally, they keep the place rea...
Heather Shannon
General Contractors: Hire one or be my own?
I am planning to buy a fixer upper and make it a B & B. I'm torn about using a general contractor vs. doing the general contracting myself.CONs of Hiring a General Contractor:1. They are reputed to suck big time ...