Chris Smith
Wholesaler question from the Portland, OR
Hi, everyone. I am a wholesaler in the Portland, OR metro area. I am currently working a deal with a seller. He wants $157,000 for the property but it is in terrible condition. The property is zoned r5 meaning that I ...
Account Closed
*Calling all experienced millionaire real estate investors*
If you woke up tomorrow, and you were 22 again, but had to start all over with only $40k in your pocket, netting 30k/yr managing commercial real estate, without a degree, a spouse or children, what would you do? (By t...
Ben C
should I sell or rent?
Hi all,
So glad I found this website, I have been reading for the past few hours, and just so much to learn here. I am a newbie wanted to get into rental business. I have a townhouse I currently live in, and are look...
Ray Hutchinson
Contracting on Rental Properties
Hi everyone I am new to the BP community and REI. When it comes to home renovations for fix and flip or fix and rent would you recommend hiring contractors or doing as much of the renovations yourself if you have the ...
Joe Melody
Investing with cash only
Has anybody ever tried to invest in real estate without any debt? I would like to take the Dave Ramsey approach to real estate investing, which is to pay off my primary residence, and then save cash for an investment ...
Ben Hofstra
Best Bank Account for my Situation
Hello all, merry Christmas! I have done a lot of research in preparation for my first real estate purchase but I haven’t heard any mention of banking services that stand out. I would love to open a joint account with ...
George Moehlenhoff
First Flip Blog
So I should be closing on my first flip next week. I am going to do my best to give back to this community by blogging as much as I can in this topic concerning my first flip... This will also be an easy way for me ...
Nate Bartlett
Recording a mortgage on seller finance deal.
I'll keep this short. I'm purchasing a property from a fried in Illinois (Cook County) using seller financing. Purchase Price: $54kDown Payment: $10k at closing, $3k in 6 monthsTerms: Remaining $41k amortized over 30 ...
Thorney Gibson
4 units and under vrs 5 and over
Hello all,I currently own single family houses. My next step is to get into multi family. I see a debate between folks. Some say get start in 2-4plexs while others say to wait and get into the larger properties becaus...
Nate J.
Hypothecation/Collateral Assignment of Note. Realistic Terms?
What type of terms can I realistically expect for a Hypothecation/Collateral Assignment of Note/Deed of Trust? (loan against my dot/note)$50,000 1st position deed of trust/note (only lien on title)Secured by $450,000+...