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So, here's the (literal and figurative) deal:2 of my acquaintances have a pocket deal for me. It's a 4-plex in Baltimore with $3,430 gross rent and a NOI of $1,778. Asking price is $195,000. If I could find a 20-year ...
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Hello all - I'd love to hear about some of the challenges investors are facing when trying to fund rehab projects, either to flip or hold. Are credit guidelines too strict? LTV too low? What's an ideal financial produ...
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Hello, thank you for some sound advise. I'm recently divorced and trying to rebuild my personal and financial life. I need to payoff my credit card debt as it holds the key for me to be able to invest in RE. I'm finan...
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If you live in an area that has non-English-speaking tenantsIf you live in an area that has non-English-speaking tenants, especially Hispanics like where I live in California, and I can only imagine Arizona or New Mex...
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So yet another new (to me) dilemma in real estate investing. I have a mobile that I have crwated a note on and the lady has yet to miss a month. She has been late a time or two but always pays the late fee. Howe...
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Week 1: I am buying 20+ houses in several suburbs in Chicagoland. Due to the fact that this is a LIVE deal, I cannot disclose all the details in a public forum. I will disclose what will be helpful to BP Nation specia...
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I am very upset at Wells Fargo Bank. We had been with the former banks Wachovia etc. since 1989 and NEVER had any late payments on anything!
Now Wells Fargo Bank - CEO John Stumpf recently received $25,000,000,000.00...
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There are a lot of investors who do seller financing and I would like to sell some of the properties I acquire under my own financing terms as well. My question is: how do you do that and comply with Dodd Frank, which...
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Hello,
I am looking to buy my first property and employ a buy-and-hold strategy whereby I'll rent a single-family home to tenants (cash flow positive). I am looking at homes in the $70k-$90k range in Raleigh...
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Hey all!First post here but have been lurking for a while. I purchased a fully renovated, turnkey triplex at the beginning of June and it's my first and only property so far. I inherited a 1 BR with a great tenant who...