Account Closed
Better to invest in a fund or try to be a private/hard money lender?
I've been spending a good deal of my time on this site lately looking into what it takes to being on the lending side - private / hard money lending, investing in notes, etc... Seems like there are a ton of legal r...
Michael Bettinger
New and looking for someone in the business to help me get stated
I am a nurse by day and a father of 4 boys I am doing everything I can for my family. I want to get into real estate to one day get out of the rat rase of the hospital life. I have a house I bought back in 2014 and no...
David Montore
Newbie Cashflow Question(s)
Hi all, total newbie question here. Or maybe a couple, really. Or maybe I just need to ramble a little about a few things that confuse me as I make my way through these initial first stages of real estate self educati...
Account Closed
Savings vs paying off debt
Hello all. I have ~$24k in car loans for which I had a plan to get paid off in a few months, while continuing to save money to begin investing in real estate... to date, we have accumulated close to $30k, kept in a “...
Ryan Igbanol
Wholesaling: too many failure points?
Hi BPers,First, thanks to all who replied to my first post about possibly walking away from my wholesaling "mentor," who I suspect is holding me back. As I continue learning about the wholesaling business while rampi...
Evan M.
Negotiating Advice for Newbies
Wondering if someone can give some newbies advice. We are looking at making our first purchase of a single-family home rental property out of state. The particular home is $200 K and we could supply 20% down. We just ...
Ashley Zhang
New construction nightmares
My husband and I invested a new construction started in August, and it has been a roller coaster since then. It shouldn't be so stressful if i had a trustworthy project manager. However, i chose the wrong person becau...
Leslie Fitch
BRRRR rejections Banks/ NO's
Hi Everyone! We have been investing for 7 -8 years now and the banks r now saying we are at a 43% debt ratio. I've always used the smaller banks but I NOW NEED a great bank not a hard money lender. We have great liqu...
Jay Cashmere
Loan sold to Kondour during loss mitigation process
I had some financial difficulties in 2019 and defaulted on 3 payments. I was offered forbearance for 6 months in 2020. My financial situation improved in 2020 and have been making regular payments since 10/20. A few...
Todd Solberg
Real Estate Networking in Rochester, MN
Does anyone know of a RE group in Rochester, MN that meets regularly? I know the MN state REIA is in the Twin Cities, but looking for something more local. I'm new to RE and want to learn all I can from locals who hav...