Kathryn Morea
1031 into Cashflow with 750K equity ? What kind of investment ?
My client will be selling her LA area rental house and plans to 1031 into another investment. She wanted a vacation rental house within a couple hours drive, but in California, the cities are banning and severely res...
Susan Kelley
Seller Financing Reneged One Hour Before Closing
Simple 4 page executed contract provided for purchase money mortgage (pmm), seller financing $375k @ 4%, repayment monthly amortized 30 year, 15 yr balloon, no pre-payment penalty. Seller's P.O.A. is a non practicing ...
David Tran
Hero program is a scam and fraud
We signed up with the HERO program through a contractor called Elite Home Energy. My wife and I wanted to them to install insulation in our home and believe it would add value to our house. We asked the sale agent tha...
Aaron Freeman
Buy + Rehab Financing
There are so many loan options out there, that I need help focusing my education to the most important ones, and that raises the first question I am having a hard time understanding.For the experienced BRRRR investors...
Kimnee L.
Handyman fell down the roof
Hi all. I am wondering what my liability is when someone fell down my roof. Recently it was raining hard. Tenant called me, and I asked another tenant who had repaired roofs for me before. He has no license. He then t...
Ray Eason
Flipping a Contract
Hello and good day.I just got a home under contract and am wondering what is the next step.Do I let me Cash Buyers know I have the property under contract and start releasing the property address or do I contact my ti...
Robert Hanson
Rookie needs advice for tenant screening in C class neighborhood.
Hello BP,
This is a hit to my pride to post, but I need advice. I completed my first rehab to rent in July of last year. It is a quadplex and all units were rented until recently. I just had my first eviction and,...
Matt Devincenzo
Cold calling for note leads
So I've begun researching purchasing notes, and found a few different threads with the suggestion of cold calling people that are in contact with note holders. Bankruptcy attys, financial planners, CPAs, title compani...
Amanda Sutherlin
Owner Finance deal- has 2 mortgages, Agreement for Deed …Can I even buy this thing?
Found an Ownder Finance deal but found out it has an Agreement for Deed with 2 mortgages due on Nov 15th 2016:$18,500 mortgage due to an individual$34,450 mortgage due to an LLCPaid $55K with $5 down and paying $700/m...
Jason Eyerly
Other Exit Strategies For NPN (First Lien) Besides Foreclosure?
I'm looking at the FCI Exchange, just to give myself a sample of ideas as I look into notes. I can't seem to get my head around it. Another BP member mentioned to me that so far him and a partner have only gone fo...