Friend of mine is moving, wants to get rid of the house. I believe it's worth about 75k. He has a VA loan on it which he took out recently. I'd imagine about a year old. He would like to sell it to me, but I am "not s...

I got an offer accepted on a triplex yesterday that was accepted. Sales Price - $117kRehab 18kTwo of the 3 units are rentedOne unit is vacant and needs all the usual.  Paint, floors, fixtures, appliances etc.These are...

Hey BP,I'm super excited because I just got my first ever pre-approve loan. I went through about 5 different lenders before one came back with an offer what I was looking for. Thank you everyone on PB for the help! Ho...

Good morning!I'm new to REI and spending most of my free time reading and digesting information (currently reading @Brandon Turner's Real Estate Investment book).I built a spreadsheet that lets me calculate cash on ca...

I am a first time investor. 31 years old , own my personal home and looking to buy my first foreclosure at a trustees sale at my local courthouse. I live in central Nebraska and very few people attend these auctions i...

Hey Guys,So may update with questions as I go, but first a little background and then on to the questions.First off, no I wasn’t crazy enough to do a sheriff sale as my own first deal.  The short story is I found a pa...

I was talking with a friend today and he told me about the possibility of getting a conventional loan along with a second morgtage to help "offset" the initial down payment to technically avoid PMI and the 20% down re...

View report*This link comes directly from our calculators, based on information input by the member who posted.Is HELOC considered an out pocket expense? If Heloc was used for downpayment, then does c...

I'm looking to purchase a property. Numbers look good for cash flow for rental, but I want to explore less conventional financing options. The property was purchased for $130k in Sept. of 2013. It was listed for $150k...

I've encountered a moral dilemma and wanted to ask BP members about their thoughts. My grandfather bought a single-family residence which has been rented by the same man for the past 30 years, he always pays on time, ...