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Since they instituted a clause in their approval letter that says they will rescind the short sale transaction if the property is resold within 30 days . This is provision # 10 in their short sale approvals which is p...
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Hey everyone.Just wanted to gauge sentiment here. If you are planning on buying property on the next dip, what percentage decrease (I.E. 10%, 20% decrease from price highs) would you target for adding to more properti...
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Alright, so it might not be "breaking news" but it's news to some. So many of the threads and forums I’ve read since joining BP in 2018 have pushed the power of leverage and maintaining a high LTV to boost your ROI a...
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I purchased a house a couple months ago, and paid at the top price or a little over for a supposedly move in ready home. I had an agent/broker, home inspection and appraisal. I haven't been able to move into the house...
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So, I'm on to my next property (buy and hold). I'm wanting to put as little cash as possible up front for the next one. I'm buying in the 10-25k price range. I have two credit cards. Current balance of $0 on both...
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Hey BP community! I would be very interested in your thoughts on feedback. Here's my question:At what point do you believe it is wise to stop reinvesting your cashflow into more properties and start focusing on princi...
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Hello, I am looking into buying a Mortgage Note and have a verbal agreement with the bank. The property has been abandoned and unpaid for almost 10 years. I was hoping to buy the Note to be able to do an environment...
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I have a new tenant that moved into our rental at the start of the month. Listed on the lease agreement was herself and three kids, no one else. Within a few days of move-in I start receiving calls and texts from ou...
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Hello BP community!I attended a real estate networking event this evening in my hometown of San Diego, CA, and during a segment where we each stood up and introduced ourselves to the group, I mentioned that I was inte...