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Our condominium building, comprised of 36 units, located in Broward County, Florida, underwent a substantial assessment in 2021. The owners of two-bedroom units were required to contribute $72.5k, while one-bedroom ow...
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Withdrawing 401K entails a 20% tax cut and 10% penalty fee but I want to use it to being my real estate journey and exit my 8-5 in the next 2 years. Any thoughts if this is a good plan?
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As I educate myself on Notes, I would love to know what are some of the strategies and due diligence requirements when looking at 2nd Lien NPN and chapter 7.Here is an example:Sale Price: $8kUPB: $100KProperty Value: ...
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Hi BPers,
Here is a question that I am not sure has been asked yet
I recently found a distressed seller who are in the middle of divorce and have agreed to sell their house at a reduced price and via a land contrac...
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Just heard about a friend of a friend who is using a HELOC with the intention of paying off his home quickly. The basic idea is that you use a HELOC to pay off your original mortgage. Then instead of having your free ...
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@Steve Vaughan Steve i think we have had this conversation before.. One of my Vendors called me asking for some advice.
he had rolled up a bunch of his SFR's to ( for lack of better words) a Corevest type portfolio ...
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Hello all:I posted a couple weeks back about a recent HML I completed. There were several replies that I really enjoyed and I got different points of views, etc. One poster stated something to the effect "don't mistak...
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Hello,Preface: I have no lending experience, looking for recommendations on how to protect myself with a loan for a flipI connected with a guy who seems to be a "straight shooter" with experience doing flips, kids in ...
Hi!We just bought a duplex and inherited seemingly high quality tenants. We will be living on the other side and managing ourselves.I am making NOT becoming my tenants friend a high priority but I can tell they would ...
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Bigger Pockets Members,
I am having trouble trying to understand how yield works. I would most appreciative of your help. I have several courses including Calculator Power (but none give equation examples). I have a ...