Megan Hirlehey
What to do with Interest Earned on Security Deposit
Hi BP Community,My tenant's security deposit earned about $9 in interest this year. He is moving out at the end of the month, and assuming he will be getting his full deposit back, what do I do with the interest? I pr...
Jesse Baker
Friend in foreclosure. Need advice!
I noticed a foreclosure notice of an old family friend. I’d like to help them without taking their house. The have 400k of equity but can’t pay their bills. The buyout is 100k form the mortgage servicer and auction da...
Shequann Burrwell
funding partner contract
I finally found a funding partner to fund flips with me. In regards to a contract between the 2 of us what should it state and is there a length requirement. I'm looking for something simple so both sides understand w...
Johanna R.
Short Sale or Wrap Around/ Subject To
Hi Everyone,I have a really exciting opportunity with a motivated seller in a really great neighborhood to buy his home.Heres the low down he’s got a:35 K Mortgage @ 5.25% for 15 years 15 K HelocThe comps are all over...
Katherine Celona
Help with a Flip..done and market is soft now + debt questions
Hi everyone. I have a propery I flipped and it is done and on the market but the ARV was sorely overpriced. ..and truthfully the market has gotten soft in addition. I owe my HML and a private person too...to boot, my ...
Taylor Hall
Newbie Help
I am brand new to REI. I have been reading dozens of books over the past 4 months to understand more about the real estate business. The other day i came across this website and started reading alot of posts on here a...
Brandon W.
First deal.. I think
I am thinking about finding properties and negotiating the price down by 10K or 20K by offering cash for the deal. If the owner is willing to drop the price that much I will go to a private investor and bring them the...
Patrick Howell
personal debt concerns
Hello everyone,
I currently own 1 rental property free clear and have it set up in the name of my LLC. Initially, I planned on trying to leverage this equity to purchase future rental properties, but was thinking ab...
Suzanne Roberson
Invest in real estate or pay down mortgage?
We have inherited $90,000 and are trying to decide what to do with this money. We owe $140,000 on our home at 4% interest (home is worth approx. $250,000) . My husband, who is 65, is a contractor and has a profitabl...
Kyle Hull
Is this a good idea for a deal?
Hi my name is Kyle. Ill do my best to keep this as short as possible, while providinng as much information as i possibly can. I've been studying real estate investing for about a year and a half now. I am really fortu...