My tax preparer recently mentioned the possibility of taking out a loan from my 403(b). He mentioned that a good thing about this is that I would pay back the money to myself, with interest, as opposed to the governme...

Hello,I am looking to make my first jump into the rental market.  I have been doing quite a bit of reading and decided I am going to pursue an FHA loan on a prospect property.It is a 2 unit property a 2 and 3 bedroom....

Hi BPers, I was at my local REIA meeting last night and we got on the topic of creative financing.  Someone brought up a concept I had never heard of before, 7702 plan.  The way it was described is this is an insuranc...

Hi, I was charged $2000 HoA violation fines and now a debt collector has started sending me notices.I was never notified of these violations (removing pallet board from backyard and repainting the home) in time as the...

As another test of the new BP file vault, and to give back to the BP community, attached is the spreadsheet I use to evaluate single family house rentals.

In general, the red colored fields are th...

A property that I'm thinking of putting an offer has an Addendum that lists:
"Buyer acknowledges that this property is subject to Short Sale Lender and Bankruptcy Court Approval."
"Buyer will pay a $5,000 Bankr...

I've been looking around for some time now and I keep reading about cash flow of 100 dollars or less per unit per month. Is it worth the effort ? Here is my situation see what you think..I am looking at REI for maybe...

 I need to remove a negative mark on my credit report. I went through the WHOLE dispute process a few years back. Nothing happened. What do I do next?

Hi! Trying to set my investing career off right. I always had the opportunity cost mindset and kept low interest debt to save for another rental property. Recently listened to a Dave Ramsey rant and he talks about pay...

Federal policy makers want to keep you from buying and profiting from openly traded non-performing notes (NPN). The bias is against private investors who purchase 1st and 2nd mortgages of delinquent homeowners in favo...