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Dear BP Members,
I'm new to BP, and although I work in the investment world full-time, REI is new territory for me. For those who've found success in REI, please describe your first financing deal? Also, what is your...
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We have a business unrelated to real estate that is a sole proprietorship (no LLC). An offer came in the mail from Wells Fargo saying that our business is pre-qualified for a BusinessLine line of credit of up to $100...
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I have a desperate landlord that has moved out of state. He is willing to owner finance all of his properties. The purchase prices are very reasonable. I am debating seeking a hard money lender for them, and I know a...
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I have been doing some research on cash back at closing. I have found different opinions as to the legality of such transactions. What I am consistently finding is the purchase price is inflated fraudulently so the ...
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Due to the encouragement from the podcast with @Jay Hinrichs, I am attempting to be more of a contributing member instead of only reading everyone else's posts.I was introduced to flipping by a good friend who had a g...
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How many credit cards do you have? I have 1 that I been using for the last 4.5 years. I read some people have 10 to 20, I am trying to get my score over the 800 mark.I was also looking to apply for the Lows, Home Depo...
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So I have a preapproval to buy my first rental property. I lied to my banker and told her I would get the closing cost as a gift from a family member. Basically that plan back fired and I am now short closing cost....
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Leasing my first long term rental. Tenant has asked if I can charge their American Express for the security deposit amount. The only potential issue I see with this is that they could potentially do a charge back at t...
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I have a motivated seller willing to sell for $200k renovated, he ran out of money to get CO. Could retail for $249k. I was looking to wholetail it. CO is about $3-4k. Is there anyway to buy this property without havi...
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Hello everyone! I am a recent college graduate who just received a Bachelors in business marketing and I also just finished real estate school to get my salesperson license. I’ve been wanting to do fix and flips for t...