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Hi all,A realtor/investor reached out looking for $12k to help fund a deal and promised a net return of $24k to be paid 60 days after the property has been rehabbed and listed for sale. We have since defined the listi...
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Is one supposed to disclose to the lender the fact that they are taking over the mortgage on a property? I think it would only be right, being they dont want the real estate, and you dont want to be accused of fraud b...
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I'm new to the STR game with 2 rentals, and they've gotten to where they are requiring a fair amount of input. One is in our front yard, the other is about 45 minutes away. I'm a firefighter, and can generally handl...
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Most personal finance pundits will tell you that if a purchase does not produce income and depreciates, it's bad debt. They'll also tell you that you should avoid bad debt wherever possible, buying things like cars up...
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Hey, I'm Milton JohnsonI am just beginning my journey into real estate investing. The last place I've lived in the US was Tucson, AZ, but I am originally from Los Angeles, CA. I am active military, now stationed overs...
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Hello BP Family;
I signed up yesterday and I feel very comfortable in this community. I noticed that no question is stupid and that means so much and says a lot of the professionalism.
Let me set the scenario;
-I li...
Seller owes 120k on a 400k building His goal is cash flow for retirement His mortgage is 2,200/monthAfter expenses he’s breaking even due to below market rents...should I... do a wrap around mortgage pay his 2K mortga...
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I am a college student in West Virginia and I need advice on how to begin my real estate wholesale journey. To start this off I am not asking for a mentor, I just need some encouragement from the community. From whole...
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Hello all,I have never done anything with real estate before, even though it have always been somewhat interested in the idea. I stumbled upon the bigger pockets podcast and I instantly got addicted to the ideas and s...