Hello, everyone! (sorry in advance if this is a bit lengthy)So my wife and I are looking to move into the city of Erie to purchase a place of our own so that we can be closer to work and entertainment/friends. We curr...

I've been searching the blogs and cannot find the answer to this.  We've just decided to get started with our first investment property and instead of tying up our cash, we're entertaining a HELOC on our primary home ...

I am currently trying to purchase a 2.5-story building that also comes with a parking lot. This building is already divided into 3 parcels but is being sold together. Its parcels are divided by Top, bottom, and parkin...

Hey BP.I sent out my first batch of letters to homes I found "driving for dollars" last week. My first call back yesterday lead to a homeowner who was a year behind in mortgage payments and said the home is set to go ...

Hello everyone! I have recently come across a great deal! Someone I know is selling 5 rental properties for a total of $315k. I have run comps and estimate the total value to be around $515k. I don’t have much money t...

Currently have a yearly passive income stream (non real estate business which I do not materially participate ) 50-60k. No further direct deductions can be made ie depreciation, MAGI>150k.Looking for a passive inc...

Hi, I have a retiring landlord that is selling me his portoflio. He is willing to carry 20% of the sale as a second mortgage or any other security.To buy the portfolio I think the best lending options i have are B2R, ...

So, I finally found the beautiful four-unit in an amazing area with an amazing School and a garage. Everything I've been looking for for my first owner-occupied. But of course there's a catch, the rents are a little m...

I have a friend who's home is currently in pre-forclosure status (caused by a lengthy identity theft situation).  I would like to help him get out from under the mess by relieving some financial stress, and allow him ...

Hello,I was looking into seller financing as a viable option to start investing with little money. What are the advantages and disadvantages of seller financing? for example.I am a somewhat broke college student with ...