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Hello BP community, Really need some help and ideas on dealing with this situation. I know I probably shouldn't have done this deal, but I have lent on 2nd liens successfully before. This one however, gone pretty bad...
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If you had 600k to start in rental property investing, what kind of home would you go for? I will have that much available to me in one year.
To give some more info, I live in San Diego where you can find a 1,000-sq...
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Hey guys... Just curious about this... Let me know your thoughts.Thanks!Chris
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I had a friend ask last evening if she needs to disclose to prospective tenants that their half of a duplex may be haunted. Not having any experience with this I thought I'd ask BP. She bought it as a rehab and in the...
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Hi, I am renting out my first house and trying to get someone in there in the next few weeks. I have a couple that are really interested, but the male has a felony (schedule II PITS) female has shopped lifted in pas...
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Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
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Just thought I'd share my experiences at the Milwaukee county sheriff's sale today.I found a specific property I wanted in the Daily Reporter (newspaper of legal record) a few weeks ago. Right in my sweet spot neighbo...
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So I just got off the phone with a Wholesaler (of 14 years, according to him), and asked about a property of interest. This property has been reduced $13K (interesting)...Here's the conversation:Me: Is this an assignm...
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I would like to buy my first property. But idk what is going to happen with all this covid going on.. what are you guys doing?
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I was born and raised in CA. It's so heartbreaking to see what is happening to it. A recent poll says that 46% of the people plan on leaving the bay area. Let's do our own poll (FOR CALIFORNIANS or those that recentl...