Barbara Gardner
Proof Of Funds-HELP!
I am working with a realtor who has sent me a list of properties on the MLS. I have done a walk through on several of the properties, sent her my offers, and before she writes up the contracts her broker is asking for...
Cory Adams
SD IRA or 401K vs taking the tax hit on early withdrawl
Hi folks - first post. I'm in Austin and new to BP.
I have owned a few SFH rentals and would like to expand my investments and am open to other types of properties.
If you had 170k in a 401K what types...
Pavan K.
Blown Away - 7.5 % with 2.25 points
Just got of a call with the Builder's lender financing team. This is for a new construction SFR (expected completion - Sep 2024) which will be used as Investment Property.
That's the rate they quoted (7.5% with 2.2...
Kent Renshaw
Besides filing a Memorandum of Agreement, how does a contract buyer protect contract seller from mortgaging the property. And if they do, who is first in line?
Scenario: Contract buyer and seller enter into a Contract for Deed. Buyer immediately files Memo of Agreement in the situs county. All goes well for two years and Seller applies for loan. Mortgage Lender realiz...
Edwin E.
Life insurance
To all BP members,
Just wanted to know what experiences you have had regarding Life Insurance options, and what you are using concerning this "investment" method. I am in the military (notice photo:) and...
Fred Damali
pay off properties or use money to buy more?
My goals are to own enough real estate property that can produce 100k a year after all expenses and after having paid the ALL OFF. This will facilitate early retirement.
I am in mid 20's, and have 160k salary. I am ...
Tracey Pera
Single. Woman. Investor. Newbie
Hello, I am going into Real Estate Investing as a single. I plan on staying single, but sure need a few female voices to help me 'get a plan'/ check list. I live in CA, but hope to invest where I can, out of state is ...
Kris Villasenor
Math not mathing on wholesaler lists
As part of my investing journey, I'm now on quite a few wholesaler lists and receive off-market deals almost daily.On properties I'm interested in, I'll get into the research on the property and then run numbers (work...
Ben Leybovich
What is Bad Debt?
There's been a lot of discussion on the forums as it relates to differentiating bad debt from good. The most common view on BP is that any debt which does not produce investment returns is bad debt.I, for the most pa...
Rod Desinord
Some realtors out there are just plain shady!!
I submitted an offer on a duplex thats listed for 339k for 350k. The realtor emailed me back saying they have offers above that. I said ok i will be sending an offer over for 365k and he wrote back saying.... Well we ...