Hey everyone, I'm 21 years old and recently bought a single family house I'm renting to an elderly couple. I will be looking for my second rental property sometime early next year and have been considering buying a ch...

Hello everyone! I am looking for some insight on a potential plan that I have come up with. My wife and I have a few rentals, all setup as land contracts. I currently work a day job which ties up a lot of time. I plan...

Hello.  Here's a basic but key question regarding the mechanics of a purchase agreement on a property needing improvements (i.e. flip).  I'm new to flipping and have not built up a track record yet that could be lever...

I bought a 1,000 unit apartment complex and raised $40 million in a month from my private investors.I get asked this question a lot: How Long Does it Take to Raise Private Money?Once I understood how to raise private ...

Wow!  Pretty surreal to finally collect rent on our 4-unit apartment complex that we finally closed 3 months after we made our original offer.  This goes to show that sometimes finding deals and closing them are not a...

I just wanted to share that I received a letter from my local Housing Authority yesterday.  It stated that:1.  HUD is funded for February 1st payments so these will be received by Section 8 landlords.2.  HUD is not fu...

Hello BP Community, For Private Money lending is there any specific paperwork involved? If so does it need to be taken to an attorney? The reason I ask is because if the other person does not pay the PM Lender the mo...

What should the conversation sound like when you are speaking to the seller and should you let them know when when you are introducing yourself that you're a wholesaler? 

Last week I was happy to receive an accepted offer on a triplex in the city I live/work.
Yet, this morning I received grim news that even my last option for financing - a local credit union - wouldn't be able to fin...

I'm trying to purchase a duplex with my parents. They are considering getting a HELOC on their current home which is paid off in full. The duplex is for sale for $300k. Is it possible for me to get a conventiona...