We just shook hands on a 6-plex deal-- owner financing-- 185K, 37K down at 3.9%, 30 year amortization, 10 year balloon.  But he kept saying "land contract," and I didn't ask what he meant (face palm!!).  When we got b...

I just closed a wholesale deal where the seller was selling the property with tenants in place. Found a buyer and closed the deal, but now the buyer wants to know who is responsible for the $400 security deposit the t...

I'm new around here. For the past several months I have been reading all I can get my hands, now I am reaching out for wisdom and guidance. For someone who is interested in walking the path of becoming the bank. What ...

Hi everyone, as I am getting ready to start sending out yellow letter I have a couple of questions.

#1
If I don't have good handwriting would it really have a negative effect on my results, I was going to hand write ...

Hi all, I'm in a bind and it's causing me nightmares, not really sure how to proceed from here. Any guidance would be much appreciated. I'll try to keep it as short as possible.Bought an owner finance deal from an age...

I am interested to hear how many of you have actually invested in POL and how your investments are doing. So far I have invested $105,000 in 16 of their loans with various investment sizes ranging from $5,000-$15,000 ...

Folks - I am a beginner real estate investor in NJ and one of my subject properties is a foreclosure. I used Frank Gallinelli's book What Every Real Estate Investor Needs to know about Cash flow on one of my subject p...

As a new investor I am trying to fill my "Toolbox" to close as many deals that come to me. I have come across many ways to invest. I have learned wholesale so far, but would like to have another option for those tha...

I have several free and clear properties. Besides HELOC or lines of credit are there any ways people are using built up equity to secure their deals? I have heard of a way to tie a property with equity to others to sa...

I was just reading a thread about someone having to evict a deadbeat tenant and was curious to get some info from all our landlords on the site.

Of the tenants you've recently evicted, what percentage of you have b...