Investment Info:
Single-family residence buy & hold investment.
Purchase price: $93,000
Cash invested: $53,600
This property was being sold by a wholesaler near the Greensboro coliseum. It was ow...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $15,000
Cash invested: $85,000
This property was a tax sale acquisition. All in purchase price was $15,000 and the ...
This question is for private lenders/HML. If a buyer uses your POF to enter a contract and you then decide you are not going through with the deal...how does the borrower know that. With a typical bank you would get a...
Hi everyone,I'm giving someone a private loan (hard money) to flip a house. My loan would be recroded in the mortgage on the house as a first lender. The value of the house before the fix etc is less than what I'm len...
Thought I would try to kickstart this forum with a success story. A mortgage broker brought us a loan request last month for a refinance of two auto collision properties in which the existing mortgage balance was mor...
The Orange County Register ran this article by me on 11/6/2011, and I though you-all might like it.
Debt is the worst drug in America, because it directly harms the most people.
The debt pushers have en...
Hello all!My name is Brendan I am a Physical Therapist from Mahopac NY. I am looking to start investing in real estate to supplement my income, pay off my student loans, and eventually develop a substantial "passive" ...
Should I wait for lower material prices or build multiplex now?
Just like the title asks, what do you do with your positive cash flow on each property? Do you use that money to pay more on the principal, do you save/invest that money, or do you use for other things?
Hello, I'm new to BP and have found this to be a great resource.
I've got a tenant that is a good candidtate for a lease-option. Does anyone know if there are any limitations in North Carolina of doing a l...