Josh Nix
What would you do with a $10k House???
I closed on a $10,000 2/1 house in Lincoln, NE last week and I'm just curious to see what the BP community has to say.The house is in a good location and every house on the block is currently a rental. It's assessed a...
Alvin Gonzales
First home or first rental
Hello,
I would like to pick at anyone’s interest as to whether I should purchase my first primary residence or should I focus on my first rental property? I am a 25 year old from Toronto, Canada. I still live with my...
Brennan Hile
Starting with FHA and Refinancing with Conventional
I'm looking to buy a duplex with FHA and then refinance to a conventional loan at some point. I plan to live at the property for at least two years. Could anyone share their experience with starting with FHA and then ...
Archer Stone
What's the worst that can happen if I pull out of this deal??
I'm moving to Florida with my wife & baby daughter. The market has been crazy. We really wanted a HOUSE with a backyard, but couldn't find one in our price range, so we made an offer on an APARTMENT instead.Our of...
Matthew Paul
Even the experienced get burned .
A builder I know thought he got a smokin deal on 8 lots in an expensive area near me . Its an old subdivision so he had to merge 8 lots into 4 . He paid $ 60 thousand for the lots . Which is a great price . Now the ...
Dee Miles
Complaint Filed with Attorney General by Someone who got my yellow letter
The AG of my state (Washington) sent a notice to me last week that someone has filed a complaint about receiving a yellow letter from me. Their complain states: "I received an unsolicited letter asking to buy one o...
Matthew Jackson
Using equity to purchase house hack
My Wife and I purchased our home in Charlotte NC last year for $147,000. We bought it in rough shape and have since then replaced all the flooring, put in new Kitchen cabinets and countertops and painted the whole pla...
Kian Golchin
Typed Letter for DFD
what do you guys thinks?I had a more simple handwritten yellow letter that I was sending out before but I just couldn't get any good volume outmy info on the bottom is next to my pic on my letters and not beneath it l...
David Piqueira
Creating LLCs to Invest in Paper
I understand that a lot of people prefer to structure their rental entities as LLCs to provide added liability protection. This can be mostly useful in the event of a tenant injuring themselves and trying to sue, as l...
Vasilii Baban
Starting with a duplex
I am planning to start,and as i have learned from many investors it seems to be better buying a duplex and live in one of the units,but with the rates that i can get approved and the prices in my market doesn’t seem t...