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Results (2024)
Rob Rey Same last name as foreclosed party, will bank nix my offer automatically ?
27 September 2008 | 11 replies

I finally found a great property,and I am planning on putting a full price offer in tomorrow.

One in a Million chance,

the foreclosed party has the same last name as mine, and it looks like they stuck it to the bank...

Zachary Smith 6 unit Mobile home park
14 December 2021 | 6 replies

I am new to mobile home parks and I am looking at potentially purchasing a 6 unit park with a 2bed 1bath rental house. I currently have 5 rental units that I manage remotely. 2 duplexes with a garage converted into an...

Spencer St. Luke Dayton Area (Deal Analysis, 4-plex)
8 August 2021 | 16 replies

Hello,I am reaching out to the bp community for some help analyzing a deal.  This property is located in Dayton.  4 1bd/1ba rooms in a C class neighborhoodI want to get everyone's opinion on how good a deal this is. I...

Ian Thornton Buying personal property mid BRRRR
19 September 2021 | 6 replies

I have a question i am struggling to get answers for. I currently own 2 rental houses and my wife owns our personal residence in her name. My latest purchase was funded through a family member where they loaned us the...

Kacie Benson What if I used the first-time buyer to get ahead?
11 March 2020 | 2 replies

Just a thought I've had for a couple of weeks now. 
What if I used the FHA loan and paid the PMI for a condo where I live and then get a rental property? I would have to take HOA's into consideration but . . . 
Buy ...

Account Closed Using IRA money to fund first purchase
1 April 2015 | 8 replies

I work for a bank and during IRA training today it was briefly brought to our attention that the IRS waives its 10% premature penalty on a Traditional IRA distribution if that distribution is used for a first home pur...

Trent Warner Total newbie - Vacation rental in Mexico. Thoughts?
11 November 2021 | 6 replies

BLUF: Mother-in-law has spent many years vacationing in Mexico regularly, wants to buy a beach front condo in Puerto Penasco as a VRBO. Wants to know if wife and I would like to "go in" on it with her.Hello all! Thank...

Michael Sontheimer Tenant that is using house for storage
11 August 2019 | 7 replies

Hi everyone. I recently acquired a duplex. On one side, one of the tenants that has been there for many years has slowly filled up his living room, one of the bedrooms, the basement and the ENTIRE garage with stuff. I...

Peter Morgan Tenant complained about bandicoot in the backyard
21 June 2020 | 17 replies

I am now getting vexed with this new tenant who has been complaining about one thing or the other.Today she saw a bandicoot in the backyard and called me immediately saying she found a 'weird' animal in the backyard.T...

Dan Thomas Short term negative cashflow on 1st property?
3 July 2020 | 11 replies

I'm interested in buying my first investment property. I am working with a Turnkey provider in an out of state market. My projections show this single family home will cashflow a little over 100 dollars per month aft...