John Wood
Why do Banks Buy Mortgages in Bankruptcy
I am looking at a property that has been tied up in a chapter 7 bankruptcy for a couple years. The property value is likely below the debt against the property. It appears that Seterus bank took the mortgage as the ow...
Eric Schneider
Changing ownership from self to LLC
I'm wondering if the group can point me in the right direction. I recently purchased my first rental with a traditional loan in my name. I recently got it rented and wanted to put it in the name of my LLC, so I filed ...
Account Closed
mold issue
Question for you all.We had a couple move in to a one bedroom unit we have. They have been there for two months. Two days ago, I got a call from them saying there is mold on their furniture in the bedroom, the window ...
Ed Nunno
amortization
can someone please explain exactly what this word means ?
Jake S.
Theoretical Discussion: Progressive Scaling in Syndications
Hey community,
I'm intrigued by the concept of progressive scaling in real estate syndication investments and wanted to open up a discussion. In theory, when diversifying a substantial investment across multiple synd...
Deryck C.
Which mortgage should I pay down first?
Hi investors, If you can pay down a mortgage, which one would you pay down aggressively first, a rental that has high appreciation and little cash flow, or the rental that has a higher cash flow but little appreciatio...
Robert Bishop
I am 16 trying to get into real estate and have 200k
So I have successfully invested in other markets alongside my father and connections I have found to grow around 200k before Im 17 years old. I am heavily invested in index funds and long-term stock investments which ...
Isaac Geller
evaluation of multifamily property
Hi BP!I am an investor from Israel and recently had an offer to join a syndication for a buying of a multifamily unit in NJ. The offer sounds tempting since the group has to finance about 3M$ (the rest comes from a b...
Reese Newell
First Deal, Red Pill or Blue Pill?
I want to thank everyone here for the learning I have been able to grasp from reading the forums and putting together a solid template to running a STR business. These are for 2 properties in the Southeastern part of...
Kyle Howard
What are the benefits in buying inner city distressed properties?
I’m currently in the Baltimore market and looking for some of the benefits to buying in the hood. There’s a large inventory of properties and higher cap rates plus we’ve seen what happened in philly and I definitely d...