I know there are hard money lenders out there that will essentially lend you money based on the deal and not on your credit but from what I hear it can takes months to secure capital via hard money lenders. Is there a...
Looking at purchasing a quad in the upcoming months as my first investment property. I do plan on living in one of the units. I was just wondering if any seasoned investors had any tips for effectively screening tenan...
Hello!I've just started doing my research/education and was not at all prepared to actually buy a property, but I just found a great investment opportunity. It's a foreclosure (I'm very familiar with the area, pricing...
Hello BP community, I have a bit of a tricky situation and am hoping to get some advice on how to best proceed with my first real estate transaction. I have recently put an offer on a multifamily property that I had ...
I've tried to build some spreadsheets but can't seem to make any sense of a clear path but maybe that's data enough to not take action.I bought a duplex 7 years ago for 188k and now I'm guessing it would sell for clos...
Greetings BP-I'm having trouble locating lenders that specialize in fix and flips. I keep reading that hard money is the industry standard for rehabbing homes, but locating them has been fairly challenging. Most websi...
I'm so noticeably new to this. It's been hammered in my head to screen and check for these things. When it comes time to do it, I thought I'd enter the info, pay the appropriate fees online and be done (yes, I have...
A friend of mine sold a property in Memphis a few months back offering seller financing. The buyer never placed him on the insurance policy as "mortgagee". He has tried to get the buyer to do so, to no avail. All s...
So here's a crazy story.
We picked up n REO to rehab. This home is a half mile away from another one that we sold in February for $111,000. The two homes are identical for all intents & purposes - 3/2 brick ran...
How many people are financially free on here? For those of you who are, do you still work or are you "retired" and living off the cash flow? If you are financially free, which method did you use to acquire it? (ie buy...