I plan to write a very detailed blog on my 1st experience using a 203k loan, but for now, I wanted to shout at the top of my lungs, that I FINALLY closed July 3, 2014 on my latest acquisition. A 2 unit - each unit, 3...
My wife, @Sara Hodge, and I have been on BP for around 6 months now. We own our primary residence in Orange County, California, but due to the high prices, we decided to invest out of state. We now own two rentals (...
My lawyer advised me against buying a property that is being wholesaled. She said if the person doesn’t own the property don’t buy it. What are people’s thoughts?
There are a number of seasoned investors on this thread, so I'd like to take advantage of that and post a deal I'm working on--in fact, using Charles Best's "Down Payment Assistance" strategy.
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Theoretical question for you guys: Imagine you have no money and few skills. You have to become a millionaire in 5 years. How would you do it? Looking for specific and actionable answers/ideas that are accessible to t...
I currently owe $265k and was curious to see how much other investors owe. This is spread out between six properties.
Well, after seeing all of Sammy B’s post, i thought I’d start my own to keep track of how I’m doing. My goal is to retire by 50. I’ll be turning 36 soon. If I can average at least $300 a month per door, then I figure ...
Hi BP Community,I notice this question has been asked a couple of times before with no response but I'm hoping since then, new members have joined BP that may have experience in this area. I have a seller who wants t...
Originally posted by "TimWieneke":I wish one of these REI guru's would just ________I don't know.....invest in property?
There's one thing JT does that I like. You give him the name of a town in an area where he's s...