Tony Gatto
Need tips to buy a house and assume the mortage
Hey guys ... I am making an offer on a house that i will fix and flip.
However i am not 100% sure on how to go about the deal i want to structure and am looking for some advise.
Here is what i think i k...
Hazel Wiggs
Chapter 13 Bankruptcy & Real estate Investing
Hello BP Fam,I'm totally putting myself out here but i'm really eager to learn. I filed for Chapter 13 bankruptcy in Dec 2012. I finally paid off the trustee this month. ( Hallelujah!! )I've learned a lot in this pro...
J.C. Martel
Advice on investment strategies to scale
I’ve been investing in real estate for over a decade, but never really gotten to the point of scale. I’ve owned 4 rentals, done ~10 flips, done BRRR and been a hard money lender. Never had a bad deal, always made quit...
David Roberts
Title Problem Discovered During HELOC Application
This is AWESOME! You guys are going to love this.I applied at Bank of America (mistake 1) for a HELOC. I liked the option of interest only and a 10 year draw, etc. It makes for a cheap ability to keep money moving ...
Brice Hall
Forbearance bites you in at A$$ and holds you hostage! Help!
In case you didn't know, you cannot refinance a property that is currently under forbearance. That's understandable, but what isn't IMO is that it also prohibits you from refinancing any other properties that you may ...
Michael Glaser
What's Your Credit Score Threshold For Tenants In C+ SFH
In the process of closing on 4x SFH homes. C to C+ neighborhood with great cash flow. I have one unit that's unrented and another where the inherited tenant is consistently late and will likely have to move with the n...
Eric Lindsey
Owner Finance Question For Multifamily
Hello, BP community,
I am interested in learning about owner finance underwriting. Currently, I'm evaluating a property where the owner initiated a loan two years ago. My question is: How much equity should an owner ...
Vincent D.
Investors Take Notice
As profiled in an article on CNN Money (http://money.cnn.com/2012/03/30/real_estate/FHA-loans/index.htm), the FHA is actually taking initiative to make it MORE DIFFICULT TO OBTAIN MORTGAGE LOANS. Even folks with perf...
Michael Newman
Choosing a job for real estate future
I’ve had plans to be an accountant for two years now and I am fixating my future on real estate. Now I’m thinking it would be wiser to become a property manager. The pay is roughly the same or close to it and I’d be l...
Aaron Symbol
Worried About Possible Building Condemnation by the City
A lot of history to this, but I'll try to make it brief :)In 2015, I bought a unit in an older downtown building to be used as a long term rental. Kept it occupied and rented for about 2yrs. After the tenant left, I ...