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I have begun gaining some traction getting deals under contract and have started accumulating a small buyers list. I don't want to be wholesaling long term though. I want to be developing my rental portfolio for long ...
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I purchased a rental property in cash (half personal funds and half using a 48 month personal loan from discover at 7%). I just got an offer from Bank of America for a 15 month 0% $0 balance transfer. I am currently 6...
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Hello BP community, new investor here, I recently found a rental property that produces a great CoC return. Turnkey Duplex already producing cash flow at current rents. After running the numbers by my parents, they ho...
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What would happen if after you buy a NPN, the borrower decides to file for bankruptcy? What happens to you as the note holder? I assume if the borrower throws the property into the bankruptcy that it would go to th...
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Hey BP!So let me get this straight. The HMLs I've been talking to on the phone offer me loans for a 12 month period. I plan to do a lot of the rehab on my BRRRR, so let's say it takes me 6 months to get it rehabbed an...
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We have quite a bit of equity in our home and are considering using a HELOC to become a "cash buyer" for a second home (Short Term Rental). The plan would be to pay back the HELOC using rental income (or just our inc...
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Hey ppl, As you might have guessed I’m a teenager and even though I’ve read 30-40books about REI I do want some real life investor to give me some real life advice. Thanks 🙏
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Hi everyone! I am currently in the market for a small, multi unit in Chicago where my husband and I can owner occupy 1 unit for a couple of years, and then rent it out later. We’re also open to doing it with a condo, ...
Been running into this issue, I am purchasing homes using funds from a partner, who is strictly providing cash and does not want to be hands on in the process. The issue is, conventional financing for investor homes d...
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My tenant decided to vacate in month 4 of a 12 month lease. What do I need to do in order to attempt to obtain a portion of the $ owed to me? I am assuming I need to file in small claims court?
I know where this ...