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Results (881)
Mac Trader <3x Income, full year up front?
19 November 2013 | 17 replies

Greetings all! I've been lurking and soaking in every word of information in these forums and site. It's been an invaluable resource as I seek to fill a new vacancy in my recent rental. I set the BP standards in my li...

Account Closed Rich Dad Epilogue
23 October 2015 | 10 replies

Hello BP, i re-read Rich Dad Poor Dad and just notice in the final chapter "Epilogue" he used a non-qualifying loan. But what i'm confuse is just what is loan is? It is Partially Seller Financing? Subject To? Or somet...

Rob Pene Why do realtors consider Wholesaling illegal or unethical?
7 November 2014 | 52 replies

I was talking to a realtor who has cash buyer clients and he was telling me how wholesaling isn't an officially recognized real estate practice in the "real estate" industry.

It could be considered an illegal...

John Barry Full year up front payment for rental?
25 February 2017 | 13 replies

I have a potential tenant who just sold his house and wanted to pay for a full year up front on one of rental properties.

My first instinct is that this sounds great.

What issues should I worry about, if any and wh...

Dan F. Perks to becoming an accredited investor?
20 January 2018 | 15 replies

Are there perks to becoming an accredited investor if one is planning to just invest in SFH/MFH? Does the designation help in building networks or being looked upon more favorably by lenders?

Michael Clanton First joint venture purchase with SD IRA's
13 March 2016 | 17 replies

Hi fellow BP members! This is my first posted question, so please bear with me!My dad and I recently used our SD Roth IRA's for the first time to purchase an investment property in SC that we plan to flip. The propert...

Han Oh Buying a 2nd lien note with owner in bankruptcy
5 December 2015 | 33 replies

I am in contact with a 2nd position private lender who is willing to sell his note at a small discount. The property is in California, the sale date is scheduled for mid December and he is the foreclosing lender. Ther...

Nicolas Franckenfeld For rent-to own mobiles: Keep title in park's name or buyers' names?
2 August 2015 | 13 replies

Question for the BP Mobile home experts:If a park has a fair number of mobile's with Rent-To-Own / Contract-for-Title on them, should the park keep the titles in the park's name or should the titles put them in the bu...

Nate Crump My Take on Investing in Notes
25 October 2013 | 25 replies

I am not yet discouraged, but as I read about buying notes I seem to find mostly information with a slight negative twist to it. I am 100% sure these members are trying to help gung-ho newbies such as myself, avoid...

Larry Flanagan What have been your worst investments?
5 May 2014 | 38 replies

My worst loss was $100,000 trading foreign exchange. I made $100,000 one year then lost $200,000 the next.

My worst real estate deal I lost about $25,000 on. Paid too much, rented to dirt bag tenant for way...