Today, I came across a term for me: Assumable Mortgage. As delved into it to learn more, I found that these loans are virtually non-existent anymore? Is that for the exception of FHA or VA backed loans? Diving even de...

I have been talking to many sellers that call from yellow letter or bandit signs the last few months. The problem is that I am not doing a good job of finding out how motivated they are. When I do meet them they are a...

Hi,

If you offer all cash on a property to a agency thats selling that piece of real estate ( hud, fannie mae, country wide etc ... ) will that have the same impact if you were to offer a person all cash ? Will it h...

Well its already cold here in Michigan.  I always cringe when the phone rings hoping it is not a tenant saying their furnace won't start.  I get mail from furnace companies offering one time payments for a certain num...

Is it possible to receive a business line of credit using just your EIN with a new LLC? If so, what steps would one need to take to achieve this?

Hi all,

My name is Suzanna Lam. I'm a new real estate investor here. My goal is to make an offer in the next 6 months. Why that long? In part because I'm still in the middle of setting up legal entity, opening ban...

I have been looking for a private lender and have an acquaintance interested.  However, rather than be a lender at 8-10% interest for short-term loan, he wants to be a 50/50 equity partner.  Is this common?  I am look...

Hi Guys,

I am preparing to make an offer on another investment property (duplex).

Do you think it would help or hurt my negotiating power if I disclosed my math on how I came up with my offer?

For example, My pers...

Hi All,
I'm a newbie to the BP universe but very interested in diversifying my portfolio through real estate after 22+ years working in the corporate tax world.  My wife and I recently designed and built our home in ...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $238,900

Cash invested: $83,503

Contributors:
Mike Ernest

My first quad, and 8th investment ...