So I originally thought using these types of database programs would require weeks of my time to get working for taking care of my organizations requirements for tracking all the stuff I need to track for creative rea...
Well it happened to me this week.. its a long drawn out story.. but here goes.I sell a OREO on a land contract.. the buyer sells to another buyer on land contract.. This new buyer it appears wanted to make sure my b...
Greetings BP'ers...As part of a 1031 exchange, I have purchased a handful of short term rental properties in the last few mos. I have about 1 week left on my initial 45 day period to put properties under contract to ...
I own a house and I have one rental. I'm looking for a second rental. Will a bank give me a portfolio loan to buy a house? I'm looking at houses in the $80000 range and lower. Credit is like a 720. Can any banking pro...
Hi all,
I’m interested in purchasing my first property by way of house hacking a multifamily property. I’m pre-qualified for a mortgage. My question is should I pay down debt (student loan, car) before investing or j...
Hi all, this forum has been very informative so far and has put a few of the pieces together for me. However, I am in need of some clarification. (I hope we aren't limited on the length of posts :) )My questions are s...
Hello all,I plan on buying single family and multi-family homes in need of rehab, and know absolutely nothing about the rehab part. So I'm trying to figure out how many people I need to hire and how specialized they h...
I just came across this new listing, the well went dry and they are selling for cash. On the surface this seems to be the only thing wrong with the property. It seems like it’s selling at an over 50 percent discount b...
A person owns a home in Washington, DC and has a mortgage on it. They relocate to Massachusetts. One month later, they refinance the DC home and get a new mortgage, claiming the DC property is still their primary re...
I hate to be a downer, but with a significant overhaul of the tax code recently we are seeing first hand some RE investors (and individuals) get hit with huge tax bills and sometimes penalties. There are tremendous b...