Patrick McNeill
Strategic Default and Rentals
I have a friend (we'll call him Joe) who is considering doing a strategic default on his home.
Although it's a struggle, he makes enough to pay his mortgage. But his house has gone down considerably in value and he o...
Jimmy H.
Rehab with owner while he keeps title and then profit split
BP community,I am currently working on a deal which the owner is a lot more interested in keeping the property (instead of selling as-is), and JV with me to rehab it and then split the profits after sale. A realistic...
Andrew Faukner
Buying property with junk vehicles
I'm looking at buying some property in California that has a couple of junk vehicles. I have a feeling the seller will not want to remove them. Chances are he doesn't have pink slips. It looks like they have been sit...
Sam Epperson
Starting out with no funds. Should I become an Agent?
Hi everyone! I'm looking to start investing ASAP, but I have absolutely no money. I work at starbucks, and have some money saved in 401k, but honestly it's not going to be enough. Have a car that's too old to drive fo...
Andy Cross
Getting Around "No Assignability" C.A.R. Purchase Agreement
Hello everyone,No offense to Realtors on BP, but I've got to ask this question of my investors in California.In CA, the California Association of Realtors Purchase Agreement has a "no assignability" clause in the cont...
Tyler Blodgett
Better to leverage personal assets, or reduce monthly expenses?
I know this is more of a personal financing question, and it could go either way, but I was curious to get some thoughts on the matter. I currently live in the crazy state of CA, and always have in the back of my min...
Victor Robinson
Pay off car loans or save for another down payment?
I presently have a portfolio of 25 doors. A mix of sfr, quadplexes, and one 3-unit office building. I’m pretty highly leveraged at the moment. Roughly 80% across the entire portfolio. I have a decent w-2 job, low 6 fi...
Steve Morris
First Impressions
Does the vehicle you drive and your personal appearance play a significant role in your deals?
Matt Ward
How to find out if you qualify for loan...?
Hey guys, new to REI and looking to invest ecommerce profits.Struggling with the whole credit thing. Didn't have a college loan, home loan or car loan in past and no credit card. Just got a secured credit card a few m...
Stanley Dean
Transfeering 3 car garage to my 16 year old son
Transferring portion of my property 3 car garage that will be converted to my 16 year old son as a rental unit, as a owner of a Single family home with a 3 car garage that I own the deed, how can I legaly transfer jus...