Aaron Phillips
Handyman Special - Duplex (First Investment)
Hello BP, I have been doing some studying of my area looking for my first property to invest in and stumbled across a Handyman Special Duplex, and the seller said it's a clean title $5,000. The reasoning for selling s...
Gloria Deere
IF AN PROPERTY IS LAND LOCKED WHAT CAN YOU DO WITH IT
I purchased a Tax Deed and found out that the property is land locked and had an error in the parcels and folios and deed years ago.But when I called the Clerk office they said there is nothing that they can do abou...
Pat Saunders
HML analysis
Hey BP! My name is Pat. I've been a member for a while and have recently decided to take some action and acquire my first buy and hold property.
The home is in an Atlanta suburb and asking price is 85K. My agent sta...
Jason Malabute
SOLVING PROBLEM MINDSET
The reason why people sell their property is because they are experiencing a problem. The bigger the problem the bigger the motivation and discount. People sell their problem property and never their best properties (...
Spencer Gray
Condo Deconversion Project- Lessons learned?
We are hoping to have a fractured condo project under contract to purchase in the coming days/week and I was curious who on BP has executed a condo de-conversion before? We have significant experience in more typical ...
Robert Piller
Question on a Hard Money Loan For a 2nd Mortgage
A realtor friend asked me if I'd be interested in making a hard money loan to an investor he does not know at all -- and who wants to use the funds for a project in Panama. The reason he won't get a traditional hard m...
Jared Prevost
Why I Would NEVER Invest with a Celebrity Owned Syndication
It seems like every real estate celebrity has a syndication these days. It's not for no reason - acquisition fees alone on a $10 million dollar fund can make the general partner $200,000 without having to put money in...
Chris Puglisi
Help!
I have been reading and learning over the past year and my goal for 2015 is to make my purchase. This past week I found a deal that I am really excited about. A motivated seller for a home that needs mostly cosmetic...
Ludovic Ott
Refinance loan to pull out downpayment
Hello,I just bought a condo for $195,000, put 20% down and got a loan for the remaining. From what I could read on BP, it seems like I could refinance my loan and get my down payment back. How can I do this? What are ...
Nathan Veech
Why are people selling on the BP Marketplace?
Hey BP Forums:I will preface this by saying I am new to real estate investing, and really excited to learn and get a better education in REI. Something I am trying to understand better is; "If a property is such a gre...