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So two days ago I finally got the courage to call my realtor and tell him I wanted to look at a triplex that has 2 of the three units rented out that seemed like a great deal with very good cash flow. When I walked i...
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Good Evening BP,
Let me start off by saying this is my first post and I am very excited to finally join the BP family. I have listened to hours of the podcast but must say, I'm surprised with how helpful everyone o...
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I bought my first house in 2015 for 91k and moved right in. It was bank-owned and I bought it cash. It is now worth about 250k. I'd like to move to a different town and rent out that first house (both in Oregon). I'm ...
Are there any BPers here that specialize in fixing/updating homes for rental, filling it with a tenant, and [i]then selling the home as an investment property based on cashflow and cap rate?
Seems like an interesting...
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Hey guys, I started updating my LinkedIn profile last night and it got me thinking how I view my investment endeavors. I want to see how other investors treat this.
First off, like many people here, I have a...
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Hi all,
I recently accepted a job opportunity in the Toledo area (near Owens CC) and want to purchase a multi-family to celebrate! My plan is to purchase a duplex, live in one, and rent the other to start in real est...
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I recently read a description of wholesaling to him, and he immediately had objections. The example was simply contracting for a distressed property from a seller, finding a buyer, contracting with the buyer. The buye...
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Hello Fellow investors, I am working with a broker for a loan on multi-family property. Broker photoshopped the Bank's original LOI to reflect higher origination fee. Later when he slipped through his fee, then he sen...
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Hey Everyone!
I just found BP about a week ago and I'm hooked. (Love the podcasts!) I'm in LA and trying to decide the first direction to take action. Well, apart from research. Currently reading "The Book on Flippin...
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Hi,
Does anybody have any information regarding Buying Notes from the Bank? If yes, which Department would I be speaking to? What is the process & at what percentage can I purchase the existing note?
Thank you!
T...