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I am brand new to wholesaling and came across a property that defaulted on a reverse mortgage. There are several fuzzy details to sift through. Primary borrower passed away 4 years ago and her son is living in the pro...
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I am curious how an experienced investor would sweeten the offer on a 1958 SFH myself and family of four are attempting to buy. We are not investors but would like to avoid overpaying as well as get the best price po...
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Quick introduction: My wife and I just started our REI journey purchasing our first SFM on the South side of Chicago in Dec..so we're very new to this. I've been on BP for about 8 months learning from everyone. My ...
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Property has a $70K 1st and worth around $125K and will rent for $1200 or so. PITI $850. Little skinny but if I can get with little to no cash in the deal except for some repairs it may work. Owner passed and the s...
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Within the next few months I will be purchasing a 4plex to owner occupy. My business partner and I have 2 properties in our llc currently. The pros would be cheaper insurance and anonymity from my tenants. What would ...
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Hi everyone. I'm Tim McKelvey from Palmdale CA. My son introduced me to Bigger Pockets and Rich Dad Poor Dad back in March. I immediately joined the site and started listening to podcasts and reading about 20 highl...
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Hi fellow BP'ers. For the last 22 years I've been involved in real estate as a house flipper, with extensive experience in building and renovation contracting, owned a residential property management company, and now ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $125,000
Cash invested: $15,000
Rental property receiving negative cash flow. -400/month.
What made you i...
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My CPA is coming on Saturday to discuss this but I like and value different opinions in particular from other experienced professionals.I have set up a self directed real estate IRA and will fund it with $100,000. I w...
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Good morning BP family!I’ve been lurking on this site off and on for years. I’ve finally decided to jump in and engage / contribute in order to become a professional investor and better agent.I’m a long time licensed...