Ali Hall
Creative refinance possibility
Hello ALL,My dad has a property that has been in the family for years, it has tons of equity. He is considering selling this property and i am interested in taking control. Is there a way i could take over control of ...
Kenneth Hadinoto
Possible first deal?
Hi BP community. I was looking at a property that is going for 200K. My agent looked into it and told me that it needed a lot of major work. (roof, septic) Rehab will be around 100K. He told me I wasn't able to ge...
Joe S.
possible first purchase
Hi all,I'm thinking about making my first offer. This would be my first ever purchase. Thanks to these forums, I have found several investors in the same area who are more than willing to talk real estate and lend m...
Jimmy Solano
Newbie (Possible) Issues
Hello, So I still consider myself a rookie so I need to ask this question. I currently own 3 properties and renting 2 and looking for a new tenant for the other. The issue is I don't receive my rent payments from my p...
Van Doan
Triplex, Possible First
FHA 203k O/O in a C+ revitalizing neighborhood. C property. Comps are going for 200k or more.Price: 150,000Repairs: ~20,000 rolled into the loanDown: 3.5% 6000Premium: 795/moInsurance: 33/moPMI: 175/mo100 years oldGMI...
Mike Chandler
Possible Short Sale?
I work with a guy who walked away from his home about three years ago and his bank foreclosed on him. The bank (Wachovia) is constantly sending him letters wanting him to resume his mortgage with them but he is firml...
Nick Parks
Screening possible tenants
I am new to rental investing and would like to manage the property myself but, I am not sure where to start when it comes to screening possible tenants. Ive heard a few different ideas and would love to hear others fe...
Charles Wang
First possible flip
My girlfriend and I who is a Realitor recently bought our first rental together and met a handyman who fixed the place up and now wants to do a flip with us. His proposal is we buy the property and he buys the mat...
Amanda Reynolds
First possible deal
I am looking at my first possible deal, but it seems complicated. The house I am looking to buy is for sale by one of my Husband's friends, she is facing several hardships and needs this property sold ... like yesterd...
Camron Cottam
Is this possible?
I came across something that really peaked my interest and was wondering if there was a way I could make this work.I am a college student with little to no money and have a bunch of friends who are trying to live in a...