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I was just looking at notes for sale on FCI Exchange and noticed a few of the Non-Performing 2nds priced >100% of UPB. They also happen to be in bankruptcy.Here's one:• Seller Asking: $43,196.47• Current Balance: $...
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I am having a difficult time trying to decide which is a better strategy for buy and hold investing. Is it better to invest in as many rental homes/units as possible as I make money from my job/the rental I own or us...
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Hey BP Community!!I'm looking for an experienced CPA to do my taxes this year, specifically someone who has worked with other real estate investors. I bought a house in August 2018 and have taken in some rent and want...
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Hello, I have a house in Thousand Oaks, CA (Currently my main residence) and I plan on building a Junior ADU and a detached ADU. I already got the permits for the JADU and I'm about to finish construction. If all goes...
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Good Morning. I'm new in here and eager to grow my portfolio. This may be a longer post, but here is my situation. I currently am renting out a single family home that I previously lived in. When I moved out and into ...
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I think it a rediculous product. If you're looking at a 50 Year mortgage, you probably can't afford the property. I think the lenders are just trying to screw consumers with another way to drive them into bankruptcy...
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Hi all,I'm currently under contract buying a MF in Pawtucket. After negotiations we agreed on $404K, I was kicking myself for going above $400 when I thought it was worth $389 but it meet the 1% rule and my realtor sa...
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What rate would you expect to receive when lending money privately to a very reputable developer under the following scenario:Tear down and rebuildBank is primary loan at 60% market value.Private Loan is for 25% of ma...
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I'm hoping to become a new real estate investor within the year and my goal will be to find a duplex and house hack or to find a single family home and rent out the rooms. It seems pretty hard to find a duplex for wha...
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Hi Everyone,I’m interested in purchasing an investment property in NC research triangle area. I’m looking to buy and hold a single family house or a townhome and my budget would be around 400K. Looking into an area wh...