Nicalaus B West
Quitclaim Deed, Mortgage, and Cash Purchase Rental Property
Situation:My mother owns a house in Illinois in the country and has no mortgage or outstanding liens against it except 1 year of taxes that someone someone bought in a tax sale. She was injured in her 30's and now rec...
Andrew Barber
WCAP financial. Does anyone have experience with this company?
Has anyone had any experience with this company? I spoke to one of their representatives yesterday and they sound like a hard money lender. They said the cost was 1% per month, which sounds like a typical hard money l...
Daren H.
Marketing as Individual Investor
In a targeting market campaign, is it more favorable to be presented in your marketing documents as a company (e.g. LLC, Corp, etc.) or is it acceptable to present yourself as just an individual investor by your name....
Shannon Smith
USING ALL OF OUR SAVINGS TO BUY STR
We have $100,000 savings in the bank. We found an amazing and unique $500,000 house with 5,000 taxes. We can put 10% down and with closing costs spend about $75,000. We will easily spend the remaining $25,000 in misc ...
Andrew McManamon
Looking for realtor advice!
Hello BP,
I’m a real estate agent and I have been one for about 3 ish months. I haven’t had my first deal yet. I’m struggling to work with my SOI since they are the same age as me (20) they aren’t looking for homes n...
Anthony Gayden
Walking the Tightrope between Debt and Leverage
What is a good balance between debt and leverage?The biggest mistakes I have made were when I assumed I was strong enough to overcome the psychological effects of dealing with debt. Last year (just after I was on the ...
Joe A.
I bought a foreclosure! Or did I?
Hey BP!I’ve got an issue with a foreclosure I just bought today. I won the auction and paid for the property there. Then I drive by the house and there’s an investor company (something like “we buy run down house”) si...
Michael Stults
First Time Investment Property, How To Go About It?
While on vacation with friends recently, it came to my attention that one of the couples there has a rental property in North Carolina that they are looking to sell in order to pay off some credit card debt. It's cur...
Adam Clark
When you first meet a seller what do you give them?
Hello all,Quick question. Other than a business card what else do you guys give sellers when you first meet them? I am trying to think outside the box and come up with ideas on what I can give a seller when I first me...
Sarah Robinson
Hard Money Loan Draws
Hello all,Ok so I am looking into flipping a house, but I don't have the money so I am probably going to end up using a Hard money loan or a private investor if I can find someone in my area willing to finance. I have...