Just came across this deal yesterday. The house is worth about 120K, still owes 116K, and has 29 yrs left on mortgage. Monthly PITI is around $850, can be rented for $950. As you can see, it's a low equity, low cash ...
Hi everyone, I would really love to get some insights on what it is like to be an investor renting out to Section 8 tenants. I feel like this is a great way to start in real estate as a new investor considering a few ...
Hi BP,I know this may seem like an odd question and one I don't expect many people to answer for privacy concerns and not wanting people knowing your personal finances. I would like to know if there are any people out...
It appears here there is a class action lawsuit in the works against airBNB by property owners for apparently leasing/subleasing of their property without consent. How large can the class get? Nationwide?http://www.pr...
Has anyone borrowed from their life insurance policy or used it as collateral to invest? I've had a few people that said this is a great strategy and to make sure I have the policy setup correctly. Working on getting ...
I just finished reading this article:
http://www.biggerpockets.com/renewsblog/2006/11/25/wholesaling-real-estate-basics/
“If you end up not being able to sell the property before you are expected to close then you u...
My girlfriend and I live in a house (with a conventional mortgage) that we don't wish to move out of. I want to get into rentals, but don't yet have the capital to put %20 down on a sfr in my area. I do however have t...
I had a rental payment processed on 10/4/17 and still haven't received payment. Their Facebook page has a post saying processing that's normally 2-3 days will be 3-5 because they're changing banks. They never sent not...
A tenant was $100 short on the rent and paid me yesterday, the 6th, with the $25 late fee.
I'm thinking, one day, you couldn't borrow $100 for one day from someone to avoid paying an extra $25?
Let's see, $25 inter...
This may be a really naive question but I haven't heard anyone answer this in the podcasts or the books I've read...
Why can't wholesalers just say they have a buyer and will be reassigning?
Wouldn't th...