OK so i lost my job but purchased my home (suppose to be investment but forced to move from a death)with a line of credit from my step dads place because we were going to cashflow off it but i ended up moving there. t...
Hello BP,If I was looking to purchase multiple properties from an owner or group of owners, is there a such thing as a Portfolio Loan? I'm wondering if the bank would give me one rate for multiple properties or if I ...
Hi all. So, we are apparently sending another past tenant to collections. Throughout the forums, it seems that most people have been unsuccessful. My question - has anyone been successful in collecting past due rents?...
I have two properties that I am looking to pull cash out of. Don’t want to use personal credit.
Hello BP, I'm rolling my old employee 401k into a Solo 401k with the help of @Dmitriy Fomichenko Sense Financial Services. I'm keeping all the different balances in separate bank accounts. I don't have a CPA so wante...
I have a borrower who is currently downsizing his home. He just just put it on the market for $437K in Bellingham, WA ($185,000 equity) He got under contract in a fixer in Eastern WA about 3 weeks ago for $50k but the...
Recently ran into an investment opportunity. It will need work but has a lot of character and wood work. The home is offered under land contract or for sale. What are the pros and cons of this scenario?
We're looking to refinance on our house we bought last year to get out of paying PMI. Prices have risen quite a bit since we bought. The house below sold for $832k. It has 200 sq ft more than ours. It was built in 1...
We are working with a seller in foreclosure. There is quite a bit of equity in the home and it only needs minimal upgrades and repairs. The foreclosure sale date is fast approaching...only a few days left. The s...
I would like for a couple of people to give me some feedback on this proposal I have drawn up. The deal analysis link is HERE. The proposal is below:I propose that we start a LLC, create an operation agreement, and F...