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Results (6969)
Aaron Phillips Got property under a contract, but now i'm worried.
3 July 2017 | 107 replies

Okay, so I got a property under contract, the numbers are phenomenal, and I just got it under contract like not even 8 hours ago. I've been contacted by a cash buyer who wants to pay cash, and close quickly. However, ...

Serge S. Due on sale clause was called by bank!
28 April 2023 | 133 replies

I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...

Kevin Gerace Anywhere else the 1% Rule doesn't work out?
18 December 2015 | 51 replies

So there must be other places like my town. The average (decent shape) 2 family home is selling from 250k-325k. And the average rent is $1100-$1300. These numbers don't work out for the 1% rule. Everything I've ever r...

Account Closed Please 'splain it to me like I'm 12 years old.
2 December 2008 | 46 replies

I do not wish to criticize, but I have found the Norris Group's postings (here and elsewhere on the Internet) to be long on theory and short on detail. It was claimed at another board that lenders exist for end buyer...

John Payne When is it too late to tie up a Pre Foreclosure deal?
12 July 2017 | 48 replies

Learning more and more about Pre Foreclosures and Notice of Defaults, but one nuanced question. Whether paying cash or taking the property subject-to, the overdue lien that is causing the foreclosure in the first plac...

Account Closed SUB2/WRAP DEALS = GOING TO PRISON!!? :(
29 June 2018 | 66 replies

Hey BP,I'm in FL and am fascinated by sub2 deals with wrap mortgages.  I am wanting to utilize this as a way to invest and add to my portfolio.  So I was talking with an attorney and he mentioned equity skimming laws ...

Nathan Gesner Occupancy rates down in 30 of the 50 top markets. Where are you?
22 November 2022 | 64 replies

My 19,000th post and this is all I got. ;)https://time.com/6223185/airbn...A lot of people cashed out their equity (gained through pure luck) to purchase a short-term rental in unfamiliar markets that were over-priced...

Drew Eldridge My 12 year old bought his first house
1 February 2022 | 139 replies

My 12 year old son closed on his first rental property last month - and now he wants to buy another. I think every parent wants to teach their kids about finance, and my wife and I like others, have struggled with how...

Mike Mullins The Bigger Pockets Method???
25 May 2019 | 59 replies

I've listened to several podcast and watched many webinars and they have all seemed to be blue sky positive type information and gives me hope. But then I read comments to questions posted in the forums and those are ...

Abraham Anderson $1,300,000 Deal at Age 21 & I'm Retired!
24 November 2021 | 525 replies

Yesterday (7/31) I closed on a $1.3M, 20 unit apartment deal that's going to net me a passive, positive cashflow of $3,000/month. This is after ALL expenses (PITI, PM fees, repairs, vacancy, capex fund, etc). My perso...