![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1242437/small_1694561549-avatar-tanyas41.jpg?twic=v1/output=image&v=2)
I think I am involved in a crazy REO transaction. I get that they can take a while. I get that the ppl managing the property and the transaction are not in this business and do not care. I get that I am a "pimple on a...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/753282/small_1646424582-avatar-jacobandrachel.jpg?twic=v1/output=image&v=2)
After a year of vague forum posts, let's get personal.My wife and I have 100K. No debt. We rent a townhouse, at $1,700 a month in Orange County, California. Currently we make a combined $160k.Our end goal is to have r...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/662788/small_1621494968-avatar-chivas.jpg?twic=v1/output=image&v=2)
Aloha BP! So I finally closed on my first rental property on Friday, December 22 after nearly 15 months of educating myself with content from books, YouTube videos and podcasts. The property is a small multi-family...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2440247/small_1661291142-avatar-lukes293.jpg?twic=v1/output=image&v=2)
I am looking to buy a condo in the city using a second home loan. I know all the second home loan requirements so no need to hash that out here. I am more interested in people who do midterm rentals, anything over 1 m...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2960319/small_1709153615-avatar-beckd.jpg?twic=v1/output=image&v=2)
I’m struggling to wrap my head around the reality of negative cash flow. I’ve been exploring multi-family properties for house hacking in both the Philadelphia and Boston areas for several months, focusing on the chea...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/4738/small_1621347135-avatar-barnardinc.jpg?twic=v1/output=image&v=2)
There are so many people and companies out there who claim to be wholesalers and many more newbies who claim to want to start out in wholesaling as a means to get started in the biz.
Let me tell you about a recent ex...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/35737/small_1621368556-avatar-smokin3000gt.jpg?twic=v1/output=image&v=2)
I wanted to hear some feedback from those who have done or are doing lonnie deals and tell me if I'm on the right track. With all the action I have gotten on this thing I would have thought it would be sold already. ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/181421/small_1621431468-avatar-preston_c.jpg?twic=v1/output=image&v=2)
They are trying to make wholesaling illegal and also in this bill it states that if the real estate commission finds you guilty they can decide the fine or penalty. Of course this bill has been written by a realtor th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/786146/small_1621497375-avatar-wess12.jpg?twic=v1/output=image&v=2)
Hi BP,Do investors, purchasing a property with the sole expectation of renting it out, make it harder for owner-occupants to find affordable housing?This is the question that came up from a family member. He lives in...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2208695/small_1737128290-avatar-marcoscarbi.jpg?twic=v1/output=image&v=2)
Hey guys,
I’m thinking of going in on a duplex in a great, growing area of Fort Myers, FL. $380k, 2003 build, $30k of CapEx (paint, roof, AC, water heater), $3,300 monthly rent, $500 cash flow, 5% CoC return with a ...