Hello BP community, I have a coworker who is going through a FC. The problem is that he owes more on the home than what the home is actually worth. The bank wants him to put up 80k to stop the FC. The home is worth ab...

Hello BP,I'm currently trying to find/ set up my first BRRRR deal and need a bit of guidance. Although I will be putting some of my own money down on the deal, the majority of the deal will be funded by investors. I h...

I have been working for over 2 years now to get my Dad's house out of preforeclosure into a short sale status. He is 92. Now that the short sale offer has been accepted, FNME won't pay any relocation assistance b...

Current renters are going through a rough patch. It's two adult sons living with older mom. Mom just had another surgery on her ankle so she is limited. Both sons work (they both had decent jobs, came with great recom...

The SBA is doing up to 2 million at 3.75% for 30 year fix loans to businesses affected by COVID19, under the Economic Injury Disaster Loan Program. That made me think, it could be a good option in terms of clearing so...

I am mostly a reader of the forum. I have read many post on here about the 50% rule. I have question that may have already been answered. If it has please forgive me and point me in the right direction.

Its...

Great Quotes I’ve Heard From Real Estate Borrowers in Court
10. Yes, I did sell the property. But not all the way.
9. I did pay the mortgage. But when the check came back in the mail I spent the money on something e...

i know its good to use leverage when buying multifamily, why does the cash flow increase when debts is used. I am trying to wrap my mind around how an extra expense (debt) increases cash flow. Please leave comments be...

We rented a unit to 2 girls.  They signed one lease.  From day one they each paid their half and acted like they were separate in paying rent. They technically broke the lease when they took on a pet in March, but due...

I've seen some threads about paying down student loans vs. investing in real estate. Usually great material; par for the course here. However, I haven't come across one discussing my situation. So I thought I'd start ...