I recently attended the Note Expo conference in Dallas which is annual event which provides me a basic snapshot of the landscape for distressed mortgage debt. Although most of the presentations were more operational i...

Hi,My wife and I are looking at multifamily property for our first purchase. We found a triplex in Minneapolis that needs a ton of work. Basically it needs to be completely gutted from the looks of it, but we have a c...

Hello,

I'm in a pickle... I am a divorced father who hasn't seen his twin four year old boys for a year after their mother took them to live with her parents in Pennsylvania. That's a whole other story, so ...

Hey BP, anyone have any referrals for a Brrrr friendly lenders? I have a lender that will do 75% LTV with no rental or title seasoning required but the catch is it's a NO-cash out refi. You can see that this creates a...

Hi BP!I’ve successfully flipped a couple houses partnering with my mom, but she is now retired finds herself too risk-adverse to use a HELOC as we did in the past, and truthfully she is quite content with her retireme...

I’m looking for advice on my current thought / strategy.  I’m currently in the military and will be getting out in approximately 21 months.  We will be moving back to the Minneapolis / St. Paul area.  Right before get...

I'm in the process of putting together a deal where I am buying 2 twin properties. Its one building but two separate homes side by side and I'm buying them both simultaneously. They are both tenant occupied, and I wil...

Hello again! Another money question :)Thanks to the folks who answered my first question about funding repairs, but now that brings me to a different question: purchasing second, third etc properties.So say you have e...

Hi - 
   I have a 1031 that completed.   The QI received $400K of funds and the LTV of the relinquished property is 37.65%.    I purchased 2 DSTs with the funds.  DST 1 was for $230K and has a LTV of 46.6%.   DST 2 w...

2/2 BR Duplex, $150,000 sell price* Rents $800/month=$1600/month both unitsExpenses:Mortgage ($150K @5%-budgeting high) $853/monthTaxes-$333/monthLawn/Snow $45/monthPM-$$160/month (10%)Utilities-Tenant pays allInsuran...