Hello All, I'm in the process of purchasing a duplex. My offer has been accepted and the the home inspection was just completed. Everything is in pretty decent shape, although there are some minor things the seller wi...
Hello BP CommunityThis is a very newbie post which will be long so please bear with me.I am 29 and recently (last year) bought a 3/2 near a military base,. It was a turn key and I figured I would rent it out to milita...
I currently have a house under contract [...] and I need to find a buyer for it. I've put the ad on craigslist, contacted my buyers list, but I still don't have a response. I know it's a good deal!
I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
If you had to guess, what is the success rate in real estate investing? Success being defined by someone being able to live above average lifestyle strictly based upon their earnings in real estate.I bet its below 5%...
Hello BP,I live in Florida and looking to buy a SFH rental in Chicago, IL. I've never purchased in IL before and have some items I need help with. Can anyone assist:1. I have to buy the property under an entity so ...
I searched for Velocity Banking but did not get anything to return except for some lenders using that name. I just was introduced to this strategy this week and was curious if anyone has done it and what their experie...
I’ve been doing a lot of research lately and I wanted to share with you guys what I have found about the correlation between unemployment, delinquencies and housing prices. During the 2008 housing crisis the housing ...
Hello All,I just got back my K1 from the accountant on a property that I purchased in 3/2013, rented out and then sold in 6/2014. The K1 has all of the profit listed on line 1 as ordinary business income and does not...
Hello BP,I have an opportunity for a unique property that doesn't really fit into traditional lending portfolios and I could really use some advice for developing a creative acquisition strategy. Background: In 2011, ...