We're cancelling a line of credit on a property with no mortgage, because the required flood insurance is crazy expensive and won't help us anyway. Thieving bank want $100 just to end a $0 balance loan! This line is m...

Hi All,I've been reading various articles regarding renting but wanted to ask from experience what people think regarding buying rental property in a medium/low vs medium income location? Say for instance if you had t...

Hi All,I don't know if I've ever posted on here. I'm an investor who is in the middle of my first hard money loan purchase. I was hoping I could use this process to buy 2 properties, but at the rate things are going, ...

We finally started to repair fire damaged property. tore out all burned material and gutted directly affected areas. Plaster on lathe walls are covered in soot. what is the best course of action demolish and replace o...

Hello BP members. I recently hired a bird dog for me and he  sent me back he couldn't work with me in NC because he heard it was illegal to bird dog in NC. So i did some due diligence and looked into it,and according ...

My wife & I are just about to close on our second property and found out from the bank (Chase) 4 days before the closing date that their calculations for our DTI ratio are not within their comfort zone. We both wo...

Does anyone have any budgets or regimens they implemented and found resourceful to prepare their finances for investing?A lot of people on the podcasts who start out with "no money" had someone to ask for money (mom/d...

I am new to the landlord business.  I purchased a two unit building and have the tenant from hell.  He was just thrown in jail for aggravated domestic battery and will not see the light of day for 7 years.  My problem...

It seems that about 95% of the Short Sales that I pick up are occupied properties. It is usually not occupied by the owners or their family. I’m from Queens and in the recent years I have come to find out that this is...

I'm working up a plan for my first investment, Very interested in flipping a property. I don't plan to invest right away, as I'm still learning a lot. But, would you find a private lender, or a loan. Also, what would ...