Wesley Davis
Tax Deed - First Timer
Hello BP community!!I have came across the world of tax deed investing but feel that there is still so much to learn. So I would like to hear the good, the bad, and the ugly of investing in tax deeds. I have yet to in...
Jessica Niemeyer
How to invest in real estate without a loan or full cash offer
This year I lost my job so I turned to a career as a realtor. I saved quite a bit for a down payment on a real estate investment (ideally property to fix up and rent out) prior to that and now won't be able to obtain...
Chris Wheeler
Need a guide to help in buying a home to live in from an auction / forclosure
This may be the wrong place, but I would like to buy a distressed / forclosure propery and work on it. Not to sell, just to live in.I have a home now, which I would sell to get the money for the auction but I'm very ...
Matthew Botelho
Tax question on positive cash flow
Hi BP,I have a tax question about positive cash flow money on multi family houses. If I'm making a positive cash from a multi family house and if I continue to keep that money in a business account and don't clam it a...
Matt Beans
county assessor
I have been scouring my county assessors website in order to find out of state owners. But there is a bit of confusion. There is a section called the "use code". heres an example of the section:
Use C...
Jose Falconett
Dealing with distressed sellers issues
Hey guys, I am a bit nervous to begin marketing for this main reason. For wholesaling purposes I am unsure of how to mitigate a distressed motivated seller's varied issues that may arise out of leads, and I don't wa...
Account Closed
Tax Delinquent Mailer
Hi all,
This weekend, I took the plunge and sent out a mailer - I focused on tax delinquent property owners of vacant lots in a nearby county, and sent out 80 focused letters with blind offers. I attached a post-it n...
Adrian Williams
In A Pickle!
I am having a issue, I am working with a couple of buyers whose credit doesn't allow them to get a conventional or FHA loan they also don't have cash to buy a house outright , we have a couple listing within our compa...
Antonio Boone
Should I take a house that was offered for free?
Hello BP, I have a coworker who wants to give me one of his houses for free. I have only taken a look at the house on google maps and from those images it looks like the house is going to take a lot of work. So I am n...
Levi K.
Down Payment - Rollover IRA or HELOC
Hello BP experts,
I hope you had great holidays.
I am facing the following situation:
I need to put 25% for my next investment. I have some savings in my bank. However, the rest of the down paymen...