Jason Schmidt
pay off existing house first, or buy a 2nd house first?
I am VERY green when it comes to real estate investing. I am a homeowner (have been for 3 years now) of a house that I paid 122k for. I have the mortgage down to $107k, and plan on paying as much as possible on it t...
Steve Trotta
What liens or judgements carry over in a foreclosure auction?
Hi - I am thinking about attending a foreclosure auction and the property owner has some Sheriff's judgements against them here in Massachusetts. What type of liens or judgments become the responsibility of the new o...
Aiyana Mooney
Buying a Multi-family in Portland, Eviction Laws
We are looking to buy our first multi-family investment home in Multnomah County OR. We are finding properties that seem like they would be great but have long time month to month tenants in both units that are paying...
Andrew Yu
How to Structure this Lease Option
Just came across this deal yesterday. The house is worth about 120K, still owes 116K, and has 29 yrs left on mortgage. Monthly PITI is around $850, can be rented for $950. As you can see, it's a low equity, low cash ...
Keith A.
Renting Underwater Property and Liability
I have a situation where I need to rent my fathers property that is currently underwater. He needs to move due to medical reasons. It looks like we can get enought to almost break even.
My question is, is it a good...
Terry Royce
Owner Finance Vs. Land contracts
I am familiar w/ owner financing, but I recently ran into a seller who didn't want to do owner financing but instead wants to do a land contract.
Can someone with more experience in this explain the difference and th...
Jelani Tate
New Investor needs a Rental Analysis Calculator
Hi everybody,I am a new investor, and following @Brandon Turner's plan of analyzing 3 deals per day. However, I don't believe that I have the correct template or calculators. I am trying to analyze Single Family Homes...
Account Closed
Buying Pre-Foreclosures Using Subject To
I made my first million buying pre-foreclosures using Subto. Yes, it can be done, yes it is a bit risky. Yes, you need money.
There is going to be a flood of foreclosures coming, "eventually". I've heard a couple of ...
Tyrel Holman
how to properly use a line of credit.
So my line of credit of 140k just closed. What are some ideas on how to use this in terms of scaling my rentals properly
Kal Wol
What to consider when doing the 203K loan
Hello awesome BPs.I just learned about the rehab loan aka 203k today and I was wondering if it is a good idea or not. Recently I have got a house that is sitting on the market and needs a serious work on it. The price...