Need advice. I received an offer on my primary residence. The buyer is asking that I carry 10% ($69k) for 5 years at 5%. The offer is a "lowball" offer and we both know that a more realistic sales price is $750k. (He ...
Bank of America just announced zero down payment, zero closing cost, and no minimum credit score mortgages for Black and Hispanic first-time homebuyers. https://www.bloomberg.com/news/articles/2022-08-30/bofa-tests-no...
Here is a mortgage statement from a homeowner that is being foreclosed on. He wants to sell to me. Can I negotiate some of the interest and late fees down from the bank? And what is the best way to approach that conve...
Hi everyone,Many people on BP are seeking a mentor to help them with investing in real estate. My question is what qualities and or skill set do you look for in a mentor. What are you looking to get from the relatio...
Just finishing my open house with another list of prospective tenants I had received from Zillow... I have a few questions for my fellow city investors... - What has helped you find the most quality/qualified tenants?...
Hey guys, I have been investing for several years now and am looking to try my hand at nightly rentals.I am looking to do a hybrid of the BRRR strategy. I own a contracting company so it fits well with my skill sets....
First of all, I didn't start this thread to attack the professional tradesmen, but sometimes it gets to a point where even if you want to pay someone for a job, you end up DIYing the last 10% (or 25 or 50) of the work...
Is there anyone else using the same strategy as Sharad in episode 155, for buying cheap properties all cash and using little or no debt? To anyone that has used this strategy, have you been able to quit your job yet a...
Many of the people here on BP are inexperienced when it comes to multifamily syndication. I thought it would be a good idea to begin a list of reasons that a lender may deny someone a loan due to their inexperience. H...
Guys, I’m a relatively successful realtor here in Fort Lauderdale FL. My whole life (I’m 26) I knew I wanted to buy real estate to rent out etc… well I’m at a point in my life where I have some money put away to do so...