I'm about to buy a wholesale FSBO in Texas for a flip and I'm not coming with a realtor either. Negotiated the price down since the seller wouldn't have to pay any BAC. This is the first time that I've taken this appr...
I would like to start investing in real estate as soon as possible, but I am not exactly sure where I should begin. Here is some background information on my situationGoing into 3rd and final year of law school at UGA...
Good morning. Has anyone purchased a property using a homepath mortgage? I know the basics & have scrolled through their website. Can you put as low as 5% down if your not planning on occupying? If any members hav...
Hello BP,I am house hacking a single family and living in the basement. I hired a PM for the top unit, and they are requesting my social to report my rent income so it can be taxed. Since I am house hacking and this i...
My first STR cash flows. The second STR is not cash flowing. It’s taking the profits from the first STR to pay the bills. Question- Do I sell the under performing STR? And reinvest in something else? Or ride this...
Hello BP. Been listening to the podcast for a longtime and new to the thread. Been reading a lot of books, doing a lot of homework and I have some questions. I'd like to preface these by saying that I'm in the Chicago...
Sorry for the misspelling in the title, hit post too soon and now I can't edit the title. I've decided to go the LLC route for my REI plan and I'm a little confused on how to purchase a property THROUGH an LLC. Detail...
hello everyone, i am 22 and the past several years i solely invested in the stock market which i have grown to a portfolio of 275k but i have always listened and been learning about real estate. i am now wanting to pi...
Hello allI recently had a conversation with a co-worker who had just formed a 3 man LLC and financed their first purchase. Their largest challenge thus far was obtaining financing - so much so they hired a broker to h...
In the *rare* event a mortgage is called due on sale by the lender, typically the options are to 1. refinance, or 2 cut a check for the remaining balance of the loan, correct? #2 isn't really an optionIn the eventuali...