Andrew Jones
Why do People sell their Home Because of Back Taxes
How come people sell their homes because of back taxes, to individuals for a deep discount. They only ~15k in taxes to their municipality? Why don't they try to sell it themselves before going to investors who will di...
Keyla Mcdaniels
Credit advice
Hi, I'm new to Bp, and starting to get the feel of the website. It's amazing! I'm looking to purchase a building through financing. My credit score is sort of low between a 594 and a 603. I've been trying to work on m...
Michael Merritt
Seller Financing Rehab
I have a motivated seller that I want to buy their property for 90k which is what they owe, he wants more but not sure how much. The house needs 20k in work and will resale for 145k with 2 months on the market, maybe ...
Account Closed
Note analysis and investing
I am trying to understand how to invest in notes. It is easy to invest in a note fund, just give money and (hopefully) watch the return flow in. Individual notes are another matter. For now, I mean performing notes....
Tracey L. Williams
Newbie looking for first property to buy
Hi I am an absolute Newbie looking for my first property in the Cincinnati area. My husband thinks we should pay our house off first (still owe 57k) but I,m ready to start now. Any advise on getting spousal buy in?
Adam Craig
Is there a "go to" insurance company?
Just wondering if there is an insurance company that is known for the best rates on home owners insurance. I was getting real good rates from Nationwide but after my 6th property they had to outsource the policy so it...
Elijah Primachenko
Real Estate broker Wants to get Into Rentals
Hello everyone, I am excited for 2021 and glad to be part of this community! :)I have been a real estate broker for 7 years but never got into rentals. I would like to use the BRRR strategy, ANY INFO HELPS. My goal is...
Stephen Brown
Analyzing Seller Financing For Rookies
I thought I'd share something I learned today with the BP community.Let's say you have a 4-unit that you're analyzing. The NOI is 23,620. You have a local bank that is willing to refinance your deal up to 80% of it's ...
Dave Corfman
Fully depreciated assets, cost basis, and sold rental properties?
I have a question on how to handle fully depreciated assets that are part of a rental property when it is sold. I'm trying to estimate my taxes owed (long term capital gains and income) due to the sale. I think this...
Matthew Ranucci
HELOC versus Refinance
Hello!
Has anyone used a HECOC to purchase investment properties? Really I would like to hear thoughts on using a HELOC vs simply refinancing. I currently own a rental property that I owe about 95k on and it could ap...