My wife and I currently own 3 doors and moved to a new larger city in hopes to come continue our real estate investing journey.Over the past year we have dealt with death in the family, 3 totaled cars, medical bills, ...
Hello BP Fam,I am a new investor looking at what could be my first deal. The property is a 2bd 1 bth shell in Philadelphia, the seller was asking $26,000 I was able to talk him down to $18,000 due to repair cost and a...
I'll be doing my first bidding soon but I want to under stand this fully so I know what I'm looking. Let's say I'm looking at the sheriff sale listings and I see something I'm interested in.Ex.Full Notice2. Encore Pro...
I have read here on BP that solo 401K's are only applicable to small business owners who have no full time employees. What if your business only hires independent contractors/freelancers? Can that business still open ...
Hello,I'm currently doing due diligence on a non-performing junior lien that has gone unpaid for about 5 years. I know the unpaid principal balance, interest rate, and monthly payment but the arrearages and payoff amo...
Hi all,I know there are lots of software programs out there but the ones I have looked at either do too much or too little and I'm not sure which ones I should look at. I have used the old Rental Property Manager sof...
Currently have an opportunity to obtain a property via owner financed. Debating on how the terms being structured will effect my BRRRR exit strategy. PP: 76kDown Payment: 6KInterest: 8% Term: 20 yearsMonthly payments:...
Hi BP, I would like to loan myself 50K from my solo401K to pick up a foreclosure at auction. My custodian says it's my responsibility to administer it. Seeking direction on the best way to do that. I'd like to min...
I'm not sure if this is a legit term but I've thought about this before and then I ran the numbers and was pretty excited to see what I came up with. Perhaps many of you already know about this and I'm just behind the...
I came across this loan product and was wondering if anyone has or is currently using it. It is basically taking your mortgage loan and having a 1st lien on it and it’s essentially a line of credit on your mortgage bu...