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Hi everyone.. I'm a newbie, still getting my footing in RE. I am interested in purchasing performing and non performing notes.example: on 1st position LeinPriced at 15,000.00original balance of 30,800.00Principle of 2...
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Me and my wife were thinking about buying investment property down south but we are not sure what state has the best investment opportunities. Also we were wondering how hard it would be to get a mortgage out of state.
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My goal is cash flow and earn $100k per year from rent. Assuming $200 per door after setting aside all expenses conservatively. I'm actually trying to look ahead and plan how much I can save for new deals over time. M...
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Hello everyone and I appreciate any help/advice upfront. I am trying to help very close friends of mine with a real estate transaction. Below is the following scenario:The house: 1800's Greek revival made into a duple...
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Hello Everyone,My name is Eric Reynolds and I am totally new to real estate. I actually found biggerpockets only a few days ago. I came across some videos on Youtube and then came to the sight and saw how active the...
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Hello Everyone! I’m a newbie here on BP (podcast listener just never took the step to engage on here). I’m from NYC (family is still there) and recently moved to Chicago for work. I’m in one of those rotation programs...
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One of my tenants on one of multi-units, who had trouble paying rent sometimes in the past, lost his job two months back. I called his employer and confirmed that. I know he lived on paycheck to paycheck. The probl...
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First time poster here at Bigger Pockets and I have a rather basic question which has vexed me for some time. Want to see if anyone can shed some light on strategies to use in foreclosure auctions.
It's comm...
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I have several private lenders ready to provide capital for my flipping business. My question is regarding submitting an offer to purchase a listed on the MLS. Most sellers want either a proof of funds (cash in my acc...
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When I first got started in this business my mentor said "Start with the numbers and be an expert at spreadsheets!" Boy was he right...This game is more underwriting than anything. It doesn't matter how much money you...