When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...
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I'm an older blue collar working lady. Never went to college and really bad at math. Been working in retail supermarkets since age 16. I just moved to a small town in Missouri. I'm currently unemployed, but I've b...
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I am going to be meeting with a distressed seller about solving her problem with an upcoming sheriff sale. The property is currently listed as a short sale. My plan is to purchase it, and then sell it back to her, p...
My apologies for how long this post is, it's almost a full on financial advise session than a single question, just want to get some guidance as the main centerpiece to my situation is a house and renting.Here's a qu...
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Anyone else considering doing this? Is this a crazy plan?My plan:
My wife and I lost daycare so we're splitting time off to take care of our children.
We have significant cash reserves and 75% equity in current RE ...
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Hi all,I’m currently in a situation where I’ve got a Tax Burden of approximately $2 million. I need to reduce this with real estate investments before the end of the year. What can I do?I’ve been trying to develop a g...
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Title doesn't do much justice, sorry!tl;dr The previous owners were terrible landlord's and lost the lease. During the sale of the house, they "made up" a lease and Estoppel that forgot to mention that they collected ...
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I took a week off to satisfy Patrisha's desire to remodel our house (see the pictures here). But, a deal came across my desk. This is a 50+ room hospitality asset. It can be bought at rather low per door basis, even a...
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My situation..... sorry in advance for the long post!!My husband and I are NYC residents looking to purchase investment properties in Pittsburgh, PA. Since July we have been working with a local Pittsburgh portfolio ...
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Hey!Up until now, we have bought our homes in cash. I wish we could continue to do so, because bank mortgages aren’t fun!I would really like to see if I could get some guidance from the BP community and figure out if ...