John Thedford
SHTF: "We Buy Houses" Guy Sues When Seller Defaults
The title is short but may not reflect the entire transaction.Seller was approached by "buyers". After believing all the "buyers" representations were not true, seller defaulted on a contract which he signed. "Buyer" ...
Lenza M.
Is Holton Wise Sale of Quad in Cleveland a Scam? (7809 Franklin)
I have been following the Holton Wise properties for awhile and finally saw one that interested me a few days ago. I am very concerned this might be a scam after @James Wise refused to provide what I believe is basic ...
Stephen N.
Do i have to pay self employment tax on flips?
I just read a post where someone said you may have to pay SET on income from flips. Is that true?
Mike Jennings
owner financing question
hi there,I'm about to get my first property under contract using owner financing by 10% down and all payments going towards principal for 20 years! My question is the previous owner still has the first lien on the hou...
Jim K.
C-, D, F-class neighborhoods
How do you draw the two dividing lines between these three types of neighborhoods? Is the A-D (and sometimes F) system in common use for grading neighborhoods the best possible system for those interested in investing...
Account Closed
Is it possible to get a 600k commercial loan at 23?
My husband and I are looking to buy an apartment complex in the next year. We are working on our investing education as well as our criteria. Ideally we would like at least 15 units. We have 550k in cash and would be ...
Marielle Walter
Projections on Markets in Manchester and Rochester NH or Others
I am looking at buying investment property in Manchester or Rochester, NH, and they are much lower cost than where I am (DC), and I hear they are expected to grow significantly. Does anyone have information about expe...
John Hickey
Long term BRRR in Bed Stuy Brooklyn, NYC John Hickey
I left of the last R because even though it would like to repeat in Brooklyn I'm not sure my credit will stand it at this point. I bought this building in June of 2007 for 714k 2160sf bulking was vacant. I used and F...
Yadira Gutierrez
I have the money, here are the options, what would you do?
Hello BP Community,As a newbie I have found that making that big first decision or taking that "leap of faith" is the most difficult part. I have no doubts that I want to become a REI. I am not scared (maybe just a l...
Eric Delcol
Why do some people try to sell their house without an agent?
I'd like to pose this question to anyone who has insight into the 'off-market' market.Why on Earth would anyone not use a real estate agent to sell their house?It reminds me of the people who attempt to perform medica...