Tookie Nemchak
Hadn't counted on this curveball - refinance woes
In July, my husband and I invested $112,000 in a single family home. We financed it through a mortgage company with 20% down obtained by selling stocks. After putting $3500 into it, the home is now valued at $150,000...
Johnson H.
1031 Exchange $126 Million Fraud Scheme
This is a pretty crazy story of one man using the escrow accounts of 1031 exchange to fund his lifestyle. Only after $126 million later does it all come crashing down. The conman never admits to fault! Many lost thei...
Daniel Dietz
Getting Money from ROTH IRA to ROTH SOLO401K?
Hello all, I have been investing in both a ROTH SDIRA and a Traditional SOLO401K plan for a few years now and have things going pretty smoothly. Once I found out about SOLO401Ks, I stopped buying with my ROTH SDIRA du...
Lucas P.
Intro and some advice on funding a smoking deal
So I've been reading the BP forums for a while and have thoroughly enjoyed the podcasts too, but this is the first time I've had a chance to sit down and take some time to write in and introduce myself.My first US pro...
Terry Royce
End Buyer Not performing
It looks like there is a good chance my end buyer may not come through with financing for some reason.
In my assignment contract it says" Closing is to occur on or before August 7th."
However, a title guy I spoke w...
Nathan Doherty
Using a VA loan to get a second property
Hi everyone! I currently have one property that I own and live in with my wife that I used an FHA loan to acquire. I’m now working on finding another property to purchase using a VA loan. I will rent my current proper...
Kristen Lavallee
Can I get tenant employment info on an acquisition?
I am under contract for my first commercial building (12 units). I would like to find out (and the bank has asked) whether any of the tenants have been out of work due to covid19. The seller, the seller's attorney, an...
Jeremy C. Schwartz
Favorable Markets in New York, NY and/or Long Island, NY
Hey Everyone!My name is Jeremy and I am new to real estate. My goal is to buy my first rental, most likely an apartment or condo, by the end of this year. I would love to get in contact with anyone whose familiar with...
Christina Edmunds
Why hasn't this land sold?
As an investor, what is keeping you from buying this land right here? And what do you think could get you to change that?
The answer may seem obvious to the experienced investor but what I would like to do is break d...
Riley Holt
How to split profits?
Hello BP. I am starting to get my ducks in a row and plan to invest in rentals and maybe a few flips here or there. My brother who lives in CO will be my hard money lender. He will cover the down payments and rehab co...