Joe Rivera
Gaining experience using someone else's property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $210,000
My business partner purchased this property and asked me to handle the remodel and the management of tenants. ...
Richard Rodriguez
Equity skimming/stripping clarification?
Hello all,
I have just become aware of this and have watched a few videos and read some documentation about it but I'm a bit confused.
If a property is worth 300k and the owner has a 50k mortgage but is in default ...
Anthony Weatherspoon Jr.
Unique Scenario Where Private Money Lending May Benefit?
Hello everyone I'm Tony a realtor in Michigan. I'm involved in a unique situation in which a client wants to essentially sell his home and still live in it.He took out a loan which has too high of interest rates curre...
Heath Jones
How we went from 0 to 20 rental units in first 3 months of REI
Last February 2019, my wife and I purchased our first rental property. After looking and analyzing several single family residences (SFRs), we decided multifamily properties were a better way to scale quicker. We put ...
Travis Petty
Selling land via Seller-Financing?
I have 10 acres for sale in Texas (listed on FSBO at $140k) . . . wondering if I could get more interest if I were to offer Seller-Financing. I DO have a mortgage on the land, so I'm unsure about any due-on-sale claus...
Fred Halimi
Subject To / Sub-2 / Lease Options - Legal in California?
Hi,I am looking to start a Subject to / Lease Option business in California. I was advised by an attorney to look into the "Foreclosure Consultant Laws" which may cover these type of transactions.Is anyone doing Subje...
Account Closed
How many ways can I structure a $28k BRRR SFH?
Hey there BP family. Normally I would never plan to take a loan for an investment. My wife and I follow the Dave Ramsey plan for Financial Peace and only purchase what we can afford. Our company business model seeks t...
Fitz Jones
Agave Home Loans
HI BP community!
I am a new investor and have 0 investment properties. I am searching, analyzing, and all that fun stuff. I have reached out to a local lender and as you know once your information gets out there, the...
Mr Good
Prospective tenant / Amway
Hi. I own a duplex and one tenant has always been a hassle to collect rent from. Always late, barely scrapes by. He is moving out next month. In some ways I pity him because his entire life is absorbed with work a...
Cassie Chun
The "Buy and Bail" Rule
I just learned of this yesterday so here is a brief explanation for those who don't know what Buy and Bail is/was...
A buy and bail transaction is where a consumer decides to rent out
their primary residence to tak...