Hello BP! I am one step closer to officially being an investor. I have been presented with a promissory note secured by real estate by a borrower, but I am very nervous about how to proceed with the drafted note provi...
www.realityshares.com . I suppose there's a few of these out there, but this one came up on my radar because they accept bitcoin. They pay off interest in direct bank deposits, however. As I'm sure you are all awar...
I know of a few people that are investing in real estate notes that are working with a third party individual. I noticed that the properties they are invested in are far away from any urban centers(tertiary markets), ...
Hi all,I am a real estate agent and a new multifamily investor. I have 1 4plex purchased last August cash flowing at about $1000/mo and a SFH rental which funded the multifamily and breaks even. We are working on ou...
This subject has been poked around in several posts on BP and I am interested to know what others' opinions about it are. For the purpose of this thread "seller financing" is defined as follows:
1. The seller has a...
Is there a such thing as good debt?If I have to categorize debt, I would say the debt I am paying for, it's bad debt. A debt someone else is paying for, it's good debt.Which means, if I have a mortgage on my house and...
Hey everyone, I recognize this is my first post, however I have been a lurker and avid blog reader here on BP for a couple years now. With that being said- I recognize that I am not asking or begging for anything. Thi...
Hey guys I have a question. I am probably different than a lot of you in the fact that I deal in mainly land instead of houses. I do really well in this business and deal in the market of hunting and recreation lan...
My current tenant is buying a home and vacating in 3 weeks. I’m weighing whether to sell and 1031 exchange into a different market, or stay the course and get a HELOC in place as soon as we turn it over (in preparatio...
Here I sit, working a Master Lease Option on a 60-unit. It's a decent deal: $50,000 to hold it for 3 years. It's mismanaged and has upside. Needs a minimum of $300,000 to get it from a C to a B. In other words, I will...