Michael Vaughn
Purchasing a note with no payments
Hello fellow BP investors. I have gotten a lead to a deal that is basically buying a note that was just created a month ago, buyer gave down payment of 25,000 on a house sold at 75,000, and the seller is now trying t...
Michael Serna
Do I need a license to wholesale in California?
I've asked dozens of sources including the dre, and multiple attorneys, and investors. But I keep getting different answers. So if anyone know for sure if a real estate license is required to legally wholesale in Cali...
Andrew Martel
Low Income Properties Diary
So over the past 4 months I have been working on my first 3 low-income rental deals. Here's how it's going so far. Deal 1-33K 3Bed 1Bath 1300SqFtI found this property through my realtor. It had just popped up on the...
Tom Kidd
Financing w/o personal guarantee
I own 4 units through a two-member LLC. All our financing has been through my local credit union where I personally bank. It has generally gone well though the credit union has required my personal guarantee of the lo...
John West
How does my credit/debt look after getting several loans in LLC?
I have an LLC that is 1.5 years old. We just purchased our 4th investment property (long term rental - multifamily) and things are going great. However, I was just rejected for a used car loan because of my debt to in...
Gene Felten
Investing without a steady income stream
I'm about to go back to school and won't have a job but i'm looking into investing in homes in the south east suburbs of the Chicago area, near the city. I have good cash reserves but is that still not enough to quali...
Sean Mcintire
Person looking to borrow against the equity in the notes
I've got approximately $3.2mm in unpaid balance in 52 notes that I’m looking to get a loan on. Most are 10% interest with a 30-year term. The notes range in age from 2014 to present with the majority of notes created ...
Jonathan Wheeler
Personal Loan Question
Hello yall, What is the best way to make/format a loan if there is no physical property attached to it. For example, giving a loan of $15,000 toward the repairs or purchase of a potential property? What type of contra...
Todd Weaver
Need of help for Families Property
I am in need of help with a family home, that if I move forward and buy the property it will be my first REI.My fiance's mother passed away a year ago, and we had to put her father in a home. Her Property in North Ho...
Jacob Bopst
HELOC VS Conventional Refinance
Hi there!Can we go over some positive and negatives on using a HELOC(home equity line of credit) VS a conventional mortgage when doing a BRRR(Buy rehab rent repeat) strategy? I'm looking for what gives you the best re...