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Hi all! Looking for advice on how to work with a homeowner who is about 2 yrs in arrears. House is worth $250k, her loan is just about that but she's $54k in arrears. Her monthly payment is $1300. House is a 4/2 in a ...
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I'm looking to buy my first rental property in Columbus, OH, and ideally, do a BRRRR on it. But here is where my push back came in. Lenders want to see a good and steady income for the past 2 years, and I've been a bu...
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Hi Guys.
How are you doing? I have a question. I went to a lot of rental houses where the sellers want to sell it at discount. But I dont know if it is a good deal.
For example: The house for sale for 145K firm, tena...
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Greeting everyone. I've been in the background here for a long time and wanted to revisit my situation.
I own free and clear a 60x80 lot zoned c3 by a main hwy.
option 1 is to put up a 30x50 steel building , co...
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Hi BP Community,
I am looking to purchase some new appliances for a few of our buy & hold investments. Would anyone know of where would be best to get appliances at a wholesale price.
Thanks!
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These new rates are killing cashflow potential in most areas I'm looking so been thinking about breaking away from conventional mortgages. Having never done interest only or ARMs what are the benefits to going this ro...
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Hello all - fairly new to the REI (and BP) community, but I've invested a lot of time listening to podcasts, reading books, starting to network locally etc. I'm looking for some creative options for financing a potent...
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I received a letter yesterday that said this:This letter is to inform you our client is interested in purchasing your property at [redacted]. We recently represented a cash buyer who purchased a home in your subdivisi...
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I've put together a sort of list of how I think I should approach lease-option sandwiching. I'm starting scouting tomorrow, and just wanted some feedback on this process:
1) Look for houses for sale in the area
2) De...
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http://www.wsj.com/articles/rent-to-own-homes-make...Buy a property and do a lease purchase. Simple.