Hi BP! I'm putting together a proposal to raise funds for a downpayment. I'm hoping to raise $100k and then use it as a 20% dp for a small multi-family property. My proposal is to borrow the 100K at 10% interest for a...
A lot of eyes are on the midwest these days so I thought I’d put an offer out there for all the BP folks around the country who have their eye on Cleveland, Ohio.I’ve personally placed a major bet on Cleveland as an u...
Here is a big pro tip:
Stop buying on the MLS. It’s too expensive! There is a process called "Buying Off Market". Where do you think all of those properties on the MLS come from? They were "off market" until they wer...
FRAUDSTER ALERT... watch out for Justin Nguyen in Florida, stealing lenders $ for his own gambling addiction. BE CAREFUL LENDERS & BROKERS Everyone wants to be an EMD lender or Transactional Lender…but here is a ...
I usually avoid any thread that falls under the “wholesaling” category because it always seems like a bunch of nonsensical posts from wannabe “investors” who have never done a deal. Half the people make it sound like ...
Hey All, I am looking to purchase my first property (which will be residential), but the agent I am working with sent me over an Exclusivity Agreement. I am concerned because in the agreement it states that is the sel...
I'm a little confused about the term "subject to" when it comes to non performing 2nd mortgage workouts.
I've been learning about various workout scenarios possible with non performing 2nd mortgage's and I se...
Hi Everyone,
I just finished reading one of the rich dad/poor dad books and I can say that I am sold on RK's ideas. I realized that working for someone else will never get me to the point I want to be at in life. I k...