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I'm new here. Does anybody else constantly have their dreams extinguished by the Rental Calculator. It seems like every property I enter shows a negaive cash flow unless I put in a really low purchase price or aggre...
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Anyone on bp got involved with crowd funding types of RE investing? I am considering one, so interested to know your thoughts. The person at the other end of the phone call seemed like a thorough gentleman and the num...
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I've heard of people tying up properties with a payment of approximately $10. Can anyone here enlighten me on this? Thank-you in advance.
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I have been doing my own taxes and have a large amount of Passive Activity Losses from my rentals, don't want to mention the specific number but it's a lot in the thousands. I'm a W2 employee, all long term rentals, n...
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Hey BP I am about to go under contract on my fourth deal and I am giving private money A shot. I was wondering if I could give more then one private lender first position on my property. I have A few people interested...
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I ask this question because multi family properties are valued differently from single family therefore I would assume the cycle for multi family is based on a raise in rents ,by the landlord, increasing the value and...
Hello all,I am currently running small business and was able to save 150K cash so far. I am 27 years old and have no experience in real estate at all. I am living in NYC (Queens) and my long time girl friend and I wan...
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Hi! I've saved a solid 20% down payment with the plan of purchasing a duplex, intending to rent for additional income. Trouble is, I'm being told by local bank morgage officers that since we have never owned a propert...
When you do seller financing with a property free and clear, why doesnt the seller refinance in order to pull out some equity? Wouldnt it better than wait 5 years and getting monthly payments?
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I've been reading a lot about notes but am still very new. I'm not sure if this is the going rate, but suspect it isn't. Why would some sell a brand new note for 87.5% UPB? It is like they just made the note and are t...