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Results (3675)
Jason Cooper Newbie from Jacksonville, FL
7 August 2012 | 6 replies

My name is Jason and I have been browsing this site for a few weeks now. I am so thankful that there are people out there like Josh and the many others on BP who have the heart of a teacher and are willing to help ot...

Dulce Beltran How to Avoid Interest w/A HELOC
27 February 2019 | 6 replies

I recently have educated myself on paying down debt at a rapid rate and find myself exploring the creative finance world. Hypothetical ScenerioYou have two HELOC’s both at $100,000 credit line. You use HELOC#1 to Pay ...

Ben P. Underwater Condo —Short Sale or Keep Renting
7 June 2016 | 3 replies

I have a condo purchased in 2006 as principal residence and began renting it out in 2009 (underwater and could't sell). I have an interest-only loan and the 10 year interest-only period just ended, so my payment has i...

Tim Burk Turning condo into a rental after a recent refi?
27 March 2013 | 6 replies

Hello,

Newer to REI with one SFR i purchased a few months ago, but am looking for more everyday. I myself am currently in a condo and ithe thought just came across me today that i would do great with renting out my c...

George P. IRS, Owner financing, and simple interest
29 September 2011 | 5 replies

Looks like the IRS dictates that the seller who sells on terms has to declare the minimum rate (I believe it varies but is around 3%). Which means that if you ask for and get a principal-only mortgage, the seller is g...

Chad Rocke 1st Duplex - Greatest decision I've made
18 February 2021 | 9 replies

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Milwaukee.

Purchase price: $187,000

Cash invested: $10,000

I purchased a duplex in Milwaukee and lived in one half and ren...

Nicholas Middleton Help with creatively financing this first deal.
17 October 2018 | 3 replies

Lately, I have been trying to make my first deal, hopefully by the end of the year. I want to send this out into the forum to see what others think. I met someone at Jury Duty and when we started talking I let him kno...

Matthew S. Is this passive income idea a good use of my $85,000
4 February 2022 | 4 replies

I’m new to real estate investing and am learning as much as possible right now. 
Scenario: My brother bought a mobile home house/trailer for $120,000 in 2019. It’s realtor.com estimated value is $160,000 (yes Califor...

Tim Mcbee Assumption with a unpaid balance
29 October 2015 | 5 replies

I was driving for dollars recently when I found a great opportunity for a rental.After a week of search and calls I found the home owner. He attempted to put the home under bankruptcy about 2 years ago and it "fell ou...

Patsy Waldron Tenancy in a Foreclosure-- what are probable scenarios?
31 May 2018 | 10 replies

Hello all!I have a question for the pros who deal with foreclosures (the process itself, selling them, etc). I have found a house that is in foreclosure that is being advertised for rent. This is in a city with a very...