Hello BP,After months of watching videos and building a good educational foundation I just got a loan for $25k from my 401K, and I'm ready to take action.  I must admit, i am nervous as all get out.  I have always bee...

Hello All, 
My team and I have acquired a subject to and are in the process of a wrap in Florida, but we have a questions and are worried if the Buyer stops making payments to us. What happens if they miss payments, ...

I’m currently trying to rent out one of my vacant properties. Usually when an applicant calls I get all their information and ask them the 4 basic questions: Is your income 3x the monthly rent?Do you have a clean crim...

Hi, guys:
I have several questions that I dont get right at the moment. Im doing a bunch of projections and calculations with a variety of scenarios to get confident enough to buy my first deal. With this my question...

The rental is in Tacoma, WA. We have had a problematic tenant for some time, but back in Nov. 2021 we switched from managing directly to have a property manager take over. Our property manager was formally introduced ...

Hello fellow BP'ers, I am new to BP but am not new to REI.  One thing that I've never experienced in the last 17 years of doing REI is a seller that refuses to go to the closing table.  I've got a fully executed contr...

I am considering lending money for the first time. I would not consider this if I did not feel comfortable with the individual. He is a flipper in Prince George's County MD. We have many mutual friends and I have know...

Can you refinance out of an initial funding via long term loan into another long term loan and still benefit from BRRRR strategy? I.e Obtain an FHA loan and refinance out after 18 or 24 months? (Intent, will be to get...

Good afternoon, BP.
I've been looking at New Landlord Transition letters on this site and wanted to create one for myself. I took pre-existing ideas from other members, re-wrote them, and added my own spin to them an...

Hello there! New member here. I wanted to get experienced opinions on our situation. My wife and I currently own a house in Royal Oak, Michigan (Metro Detroit). we have decent equity in the house as we bought it in 20...