Hoping the well versed folks can answer what I hope is a simple question.There's a very run down property where the price is higher than it should be for the situation and condition but I'm guessing a cash purchase co...
I know there has been multiple threads but want some other opinions.Here are the often mentioned skip tracing companies:accurint (expensive and monthly mins)TLO.com ($1 / search but no monthly mins)microbilt.com (mont...
I recently purchased a 12 unit building which came with a very high appraisal value at $95k over the purchase price (which I put 20% down on). I found a local lender that is willing to do a LOC at 80% LTV on the prop...
I want to lend my friend >$50k so he can buy a property and flip it. All risks aside, what are the tax implications to consider? Interest income will be taxed but how about the initial tansfer of money or when my f...
BP Team,I'm looking for perspective/thoughts from those of you who conduct private lending from your SD-IRAs and those of you who hold leveraged property therein. Ideally, I’d love to hear from someone who has done bo...
Hi BP! Last year I teamed up with my longtime buddy and purchased a 4 bedroom (single family detach) house near campus while we are finishing up our degrees.We use 2 bedrooms for quiet living/study, and offer the othe...
Hello all!
There is a beautiful condemned, boarded up home with an incredible view that I am bird dogging for an investor. All of my, 'pre-negotiation phase work,' is coming to a close, and I can't EXACTLY p...
Hi,So, I have one of my tenants who is always calling me when other tenant or the neighbor blocks her way or temporary park on her space. FYI: I don't rent that parking space to her. I only rent a unit to her. During ...
I am working with a homeowner that missed 6 payments for a total of $18k. The mortgage is around 365K and the home also worth in the same ballpark. The home is in a great neighborwood, I would like to keep the propert...