Hi, I bought my first property in March of 2005, while I was in the military. Since then I was fortunate enough to purchase an estate of three properties (6 rental units) under one mortgage. These properties have more...

I plan to enlist the help of some friends to find vacant/abandoned properties. I would like to give them a form to use when they find a property which will include:-property address-approx. sq footage/number of storie...

Can I secure a signed lease with the current occupant prior to closing? This will help to avoid a timing problem with leasing the home after closing because fewer people are looking.                                   ...

Hello, I'm looking for some advice. I found a property in my area that would produce decent cash flow and appreciation; however, I would have to use funds from a HELOC on a different rental property for the down payme...

Hey Guys, quick question.  Would paying off my mortgage be the best thing to do if I had the chance to?  I purchased a house and fixed it up.  The whole plan was to keep it as a buy and hold.  It was a joint venture w...

I currently have one rental with 116k loan at 4.5% , and 157k value. (Condo, got crushed in the down turn, but I kept it).  I currently barely break even on the rental. I plan to sell it in 15 years.  I have the home ...

Hello BP!I recently heard in a seminar and podcast that you can use credit card debt for a down payment on investment properties. Has anyone heard of this strategy or any other strategy where you can use your credit c...

I have recently thought about getting a loan from my 401k to buy an investment property. What I learned is I can pay a $50 fee and have 4% interest rate. The interest I pay goes directly back in to the 401k. In essenc...

I'm under contract to buy some distressed properties on the south side of chicago. Every property has a city of chicago municipal lien on them from violations from up to a year ago to many years ago. Our goal is once ...

Hello all BP members!I am hoping I can find some information on 203k loans that I can't seem to get from looking at some previous posts from other members.  I am familiar with the rules and regulations of the loans an...