Jon Quigley
Question about Sub2's agreement
Hello. I've been doing a ton of study on Sub2's recently and have a question. Does a Sub2 include a written agreement that if I the investor were to not make payments on the original loan, then the seller has the r...
Account Closed
Staying motivated in an industry of constant hurdles
Hey Everyone,How many times have you run into something in this industry that has slowed you down, confused you, made you doubt yourself, made you hesitant to move forward, or just made you wonder why you should conti...
Eric Medemar
Why most marketing $ucks
I am always amazed at the way that people try to market their business. With thousands of articles online about marketing people continue to make the same mistakes. I am far from perfect in the marketing department ...
Jeff Wharton
Closed on 2 unit property - prior mgmt company released tenant
Hi All. First post here, I've been looking at acquiring some income properties for a while, and been running numbers of a few to find the right one. Finally took the plunge on a two unit property and recently closed. ...
Pete Triantafilou
First Mortgage Advice? How do I know I'm safe?
Hey All,I am getting ready to close on my first investment property. It is a SFH and our strategy is long term buy and hold. My brother and I are going in together and are excited but also some what cautious. We did o...
John Thedford
What Might A Typical Pre-payment Penalty Be In SW Florida
Greetings fellow BP'ers...I have been doing some private lending (for some BP users as well as others) for some time now. My general parameters are 12%, 4 points origination fee (rolled into the note), for one year wi...
Manny Vasquez
Looking for a mentor out of NY
Hi BP,
I'm starting my wholesale investing. I've been studying up for months now it's time to actually get out there and make moves. I managed to get 2 cash buyers from personal relationships. I ordered some bandit s...
Andrew Marsh
Feedback on this 5 plex deal
Hello all. I am a new investor that just recently purchased my first 5 plex. Getting to here has been a 2 year journey - reading, analyzing, contemplating, no action, repeat. And then I just decided that I will pro...
Rynell Hampton
Real Estate newbie
Hello my name is Rynell and I live in Cincinnati I would like to meet people here to show me ways of buying real estate here and in other cities as well I'm also new to BP so if there any other newbies or vets looking...
Tim Coppola
Refinancing while unemployed
Greetings everybody,
I had started my refinancing of a 3 flat that I own about 2 weeks ago. Unfortunately I work in the restaurant industry in Chicago which means, as of today, I have been placed on furlough by my re...