Carl Stigall
Student loans in collection
Hey BP,
I'm currently in a situation where I'm too much of a liability for any type of loan or mortgage. My student loans are in collections and I'm currently in a rehabilitation program to get my loans out of defaul...
Isaiah Henry
My First Investment Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $295,000
Cash invested: $15,000
One of my first real estate investments (Pre Bigger Pockets). Bought an older condo...
George P.
Tax lien -> foreclosure -> quick sale of the property ... Income Tax Liability?
Situation... tax lien purchased with the intention to passively earn the interest (btw interest is taxed as regular income). Fast forward 1 1/2 years, the tax lien is not redeemed and the underlying property is acqui...
Adam Franco
28-Unit Duplexes First Timer
So an opportunity came up to buy some apartments, I finally decided to pull the trigger. This will be my first one, I’ve got a strong background in RE but honestly haven’t spent a tremendous amount of time digging int...
Lucas Rowell
Number Crunching a New Deal (Need some fresh ideas) : )
Hello and Good day BP family,
Hope you all are having a great start to your evening.
I received an interesting call tonight from someone who's family member is behind on mortgage and needs out.
After talking to...
Alex Moore
High Appraisal on BRRRRR - To flip or not to flip?
My real estate partner and I just completed our first BRRRRR. Bought the property for 83k, put in 37k, found a renter for $1350/month, and appraised for 180k. Sounds like a huge win (which it is) but the high appraisa...
Julie Tran
HELOC before applying for investment property loan?
Hello! My husband and I are planning to buy our first investment property. We are currently refinancing to bring down our DTI. We did a pre-qual with a lender to get a rough idea. The amount is what we need for th...
Arjun Rao
RE tax benefits with W2 income
Hi all, My spouse and I have a full time W2 jobs and we are looking into real estate investment (SFR - buy and hold strategy for now). Neither of us will be able to get the real estate professional status nor will we ...
Xu Som
How to obtain a second mortgage
HI BG community,I recently got married and me and my wife are searching for a house. We are currently living with my family and the house is under my name. Since I have a mortgage already, is there another way for me ...
Kim Hopkins
Syndication Structure: How to Buy Out Investors Without Refi/Sale
Hello! We specialize in multi-tenant light industrial properties. To date, we've self-funded or accepted family investors who have no issues with indefinite hold periods. Our objective is to never sell our properties....