Anne Christensen
Best Down Payment Option
Hello,I have several ways to fund a down payment on my first investment property and would like to know the "safest" way to do so...Cash, borrow against my 401K (and does this method constitue the start of my investme...
Chris Seveney
Servicing Your Own Notes
I was curious what percentage of note investors perform their own workouts or self-service. 1. Do you only manage the workouts or do you also service? If answer is no to both, who is your servicer and workout speciali...
Jeremy James Hartman
Waiting sucks. I want to push, push, push.
Im so ready to get in my property and get to work on it. Ive been searching more deals and i found one but i dont think i have to funds to get it. Anyone got 20 grand?
Account Closed
How to learn about Non-Performing Notes and buy my first one?
Hi all,I have followed Bigger Pockets for a few years now, starting out with my first SFR rental in 2014 (5 hours drive from my location, which is VERY expensive to invest in) then moving on to some Multifamily proper...
Karen Mills
Pre-Foreclosure Question Please help
Hey everyone I’m looking for help regarding a property that just came to my attention today. I usually handle absentee properties so this deal through me for a loop.The home is worth 400,000 as is, the owner owes $310...
Joe Boggin
What did you have save when starting out?
How much money did u have saved staring out? Did u have a primary and bought ur first flipper/rental with cash? Did u get a second mortgage for an investment property with a heavy down payment? Would you try to bor...
APRIL S.
Owner Financed Tenant Abandoned Property-How Do I Take It Back
First of all - Thank you to anyone who can offer advice on this situation. This home is in Volusia County Florida. I need advice on how to redeem a property that was owner financed to a tenant. The tenant stopped payi...
Paul Birkett
Short Sharp Shock? Not so much.....
Mortgage Update: Outlook is not good.The economy continues to shudder to a halt. As I write, lower manhattan looks like a ghost town. My coffee shop typically turns about $1,000/day. As of 15 minutes ago, Carlos had t...
Rodney Buford
Pulling $100K out Retirement account for Rental Properties-COVID
Good morning BP'ers,I hope this doesn't come across as a dumb question but I am really struggling with this decision. Due to COVID-19 my W-2 income has taken a 15% decrease for an undetermined amount of time. My wif...
John Matveyev
Trying to help my bro with his problem
Hey Guys,
Here is the situation:
My older brother who doesnt really know much about investing or real estate WAS trying to sub-divide his property to build a spec home and sell. He invested about $25k and did not c...