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help!!! newbie with mistakes already.
hello everyone! im newbie and learning so much. everyone here is great with the sharing of knowledge. i hope to contribute some in the near future.
i am 21 and purchased my first property at 19. i quit claimed the pr...
James Peoples
Probate Lettet Critique
After writing 4-5 probates yellow letter. I feel I've finally composed one that's a winner. It consist of the all the letters I've written. Here it goes
Dear ______,
My name is ______ ______ and I'm int...
Jason Powell
Long or short term capital gain?
I purchased a building October 17, 2017 via LLC, me 50% and one partner 50%. My contribution was 150k.June of 2019, I sold my 50% share of the LLC to my partner for $250k (building was not sold). I received my princip...
Daniel Patton
Refinancing
I've heard about a strategy people use when buying, rehabbing and then refinancing to "get their cash out". Would anyone be willing to explain how refinancing a property works in an example like this? (excludes closin...
Wendell De Guzman
IF YOU CAN HAVE LUNCH with a BP Real Estate Expert...?
Hi BP Nation,I just had my first "virtual" LUNCH with other real estate investors and it was awesome.And this is why I am putting this out here for BP members to benefit from, specially the newbies.A virtual lunch is ...
Mary anne Raymond
Wholesaling and Bank owned properties
Can you assign the contact on bank owned properties? I'm in Florida specifically.
Gina M Coen
HOA owned homes due to Foreclosure
I learned that my HOA has foreclosed on and currently owns over 100 houses in my community. I would assume that it's not convenient for them to own these properties as:1. They will have to continue to pay any liens on...
Account Closed
Crazy motivated seller situation, difficult structuring the deal.
So, I've got a seller who has had an ongoing divorce for ~5 years. He has 2 properties that he used to rent out a couple years ago, but quit as the additional income would relinquish his benefits for his children. The...
Megan S.
FHA loan after FHA loan
Newbie question!If I buy a MF home as an owner occupant with an FHA loan, then plan to turn around and rent all units out (after a given period of time), will I be unable to secure an FHA loan for my next property? Is...
Travis Zarelli
Meets ups in Seattle surrounding areas and other
Looking for meet ups, monthly meeting etc in the Seattle area, I’m North of Seattle in Snohomish County but can travel to King County. Currently in the learning phase about 25 BP podcast in, almost through ultimate be...