A local investor whom i've gotten to know over the years is looking to unload his properties, 4  properties 16 total units. Cap rate he's looking for is low (5-6%) I'm hoping to talk him up to 8%. My question is I'm c...

Update 1: 1.1.14
Hey guys, it's Gabe with my first update on my experience with my first 3 weeks of real estate regarding my first batch of yellow letters and also my experience with bandit signs.

My Act...

So I am facing a dilemma here. I bought a property two years ago and that was my first rental property purchase. I paid $175k with 20% down for the property in a okay neighborhood. For the past two years, I have had p...

So through a connection, I'm having dinner next Wednesday with the SEVP/CCO (Chief Credit Officer) of a local bank. I'm getting my questions ready, but was wondering if BP Nation had some questions that I could add t...

Hey everyone. I'm a relatively new investor in my first property and I'm considering buying an additional property in Detroit, preferably a multi-unit. I plan on doing a ton of research on each area before deciding to...

Can someone sell their property that has not had a mortgage for many years to a friend way under market value? The property is worth over 1.5 million But the seller is open to selling to a friend for a much lower pric...

Hello,I bought a condo in 2004 that I lived in for 5 years and then moved out and kept it as a rental, mostly due to the fact that I was upside down on it after the market crash.  I have been negative cash flow on it ...

ok so I've got a decision to make...is it better to buy a condo flat out and flip it or buy a mortgage on a house to flip? I've got some money to play with, enough to buy a condo flat out and have money for fixes, but...

I unloaded a couple of rental properties last year via owner finance.  I originally bought these with 30 year Fannie Mae mortgages, and the loans I extended to my buyers "wrap around" the Fannie Mae mortgages, which I...

1st post in BP - I close (selling) on my current owner-built house next Friday, and will have approx $70k to invest. Want to owner-build again, but what would you do with the money? Buy and hold is my long-term plan ....