I've posted a couple of times over the past month or so asking for advice on HELOC lenders and leveraging HELOCS for investing. I've been in the application process to get a HELOC on my primary residence that I plan t...
Hey BP Folks,So I have been looking to invest in trust deeds for some time now, but there are still a few things that I am hoping to get clarity on before making the leap. The confusion I am getting is in relation to...
My husband and I bought 30 acres in 1994 (undeveloped) for $119K and in 1999 we built a home on the property for $200K. We have been approached to sell the property to a developer with 3 proposed scenarios:1) sell 25...
Hello BPers, I'm currently in the process of buying a house in the Houston area and need some help on understanding the Objection section of the contract (section 6D). Appreciate if you can share your knowledge and ex...
Hi BPites,As we all know the MFR market is pretty hot and deals are far and few between. A strategy I have been following is to make few offers every week without seeing each and every property. I strike out almost 10...
I bought a restaurant building in March of this year. The building is around 10 years old. I used 1031 exchange to buy this as a replacement property - sold the original in Dec last year. My question is, do I have any...
Hey Everyone I have a question about obtaining my real estate licence. As a real estate investor I understand that the accessibility to properties and the amount saved on commission's make it a no brainer. I also ...
Hello,
I purchased a foreclosure property at tax sale in Michigan in July of 2012 for $88.5K, and put $80K into the renovation with cash borrowed from family members. After the renovation was finished in January I we...
Hey Everyone!BiggerPockets has been invaluable to my success as a real estate investor, so I just wanted to share what's possible with real estate if you set goals and follow through with your plan.A Little BackstoryI...
I'm curious if BRRRR ("fix & rent") works in the Cincy metro area. Essentially, the ability to have your purchase price + rehab costs less than 70% of the ARV, so after you rehab you can find tenants & then re...