Kevin Moules
FIRST BRRRR PROPERTY! COME JOIN THE RIDE!
Hello BP members! I wanted to share with you my latest RE project. This is our 3rd RE transaction since jumping into RE in December of last year. First deal was a buy and hold 4 plex, then a flip which we are listing ...
Patrick M.
"For what you pay in rent you could own the house"
I lost some sleep last night. I'm having problems renting my SF. The price is now at 1850 plus utilities. The argument often heard is "well you can own a home for what you're paying in rent." So I wanted to look a...
Brett Baginski
Mortgage Forbearance Ramifications
Not sure if this has been posted yet, but I think it is worth sharing. I heard on the Rental Income Podcast w/ Dan Lane, bonus episode from this Saturday "The Ugly Truth About Mortgage Forbearance", the long term eff...
Jay S.
Post an example of your creative financing deal you've done
I would like to read an example of some of you guy's creative financing deal structuring you've put together with no &/or little of your own money down. I'm posting this forum to get a better understanding of how ...
Omar Merced
Just bought a 18 unit for $12,581.36 in Ohio
Well sort of. I have to pay back taxes of $20k and about $1k in back water. And, yes it needs a full rehab but if I did my numbers right after all is said and done I'll be sitting pretty. I close this week so once I d...
Jamie K.
How to get over analysis paralysis on the first deal!!
Any tips on getting over the initial fear of the first deal would be much appreciated!! I currently made an offer on a single family home in joliet, IL. I've ran the numbers and it should cash flow around $250-$300 p...
Perry Ivy
How much debt do you have?
I currently owe $265k and was curious to see how much other investors owe. This is spread out between six properties.
Will Barnard
Ready for 7 digit success stories?
I contracted to purchase an REO in December of 2010, skipping all the long and boring details, I finally just received word that the deal is accepted and I am now in escrow. I will not post any of the real numbers her...
Kalman G Szabo
Pennsylvania Inheritance Tax Payment for a sheriff sale property
Dear Fellow BPers,
Here is the gist of a recent sheriff sale acquisition that I would need some help with and it might be educational to some of you.
I acquired the property at a PA Sheriff sale through a mortgage f...
Michael G.
Seller wants to know...
So I have a seller who wants to know the answers to all these questions?
1) If you are not going to buy the house with your own cash why am I signing a contract with you?
2) I need to let my attorney review this con...