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Hello everyone, I'm just getting started with wholesaling homes. My husband and I went "driving for dollars," and we identified several homes within a 2 block radius that we could start reaching out to their own...
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Hi BP'ers:I have a need to obtain a line of credit on a free and clear rental property I own in Huntsville, AL. I have a HELOC from Bank of America on my Tennessee personal residence but they won't give me a line of ...
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Hello All! Thanks for the attention, so I bought my first property in December of last year. This year on a positive note I've been able to rent out the rooms consistently. Murphy apparently moved in too. lol the part...
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Hi everyone, this is my first post here and I hope to become a long time member. I recently purchased my first home and I am renting out the basement to a friend. This has been ongoing for about 6 months. I do have ...
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Hello all,I reside in CA, but am preparing to invest with a friend of mine on a property in Houston. I also plan to make a couple of investments this year in St Louis and elsewhere. My eventual goal is to hold a por...
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What's up guys, I'm curious to know if obtaining a real estate license would be advantageous for those wholesaling? It may be an obvious answer, but I wanted to hear about some specific examples where having a license...
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Exactly what is the definition of a Millionaire?Net worth, but does that include the net worth you have in your primary residence, or is that excluded?What are the thoughts of our experts?
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Hi everyone! I am looking to transition from multiunit residential to commercial and have been looking around for a quite a while. I would like to sell a paid off property and 1031 into a leveraged high quality tenant...
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On a large loan, all things being equal, would you rather have a 6% loan with a personal guarantee or a 12% non-recourse loan? Assume a 10 year loan where you have cash flow rentals that can easily cover debt financing.
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Hi All,I overpaid a contractor and they have failed to perform on the contracted work. There were red flags but I had worked with this contractor before and did not have issues. I am weighing suing the contractor but ...