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Hello BP Nation!
I have a question for our professionals out there who may be able to better understand this situation I'm in.
Last year I was sent a EAS (escrow analysis statement) as was short 8xx som...
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Hello All,So I have been working hard on #bp90days through yellow letter marketing and driving for dollars. I've been on three appointments, the first two did not sign a contract when I met with them, however, I am wo...
I'm in the middle of analyzing a potential deal and trying to think of various "exits" I could take if the primary plan wouldn't work out. The numbers would work for a flip, but renting is probably not a good option,...
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Hello everyone!I am interesting in learning more about the Jackson Mississippi real estate market for cashflow rentals. Does anyone have any thoughts on if it is still a good time to buy in the market? Hoping to be ...
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I did a private lending , borrower bought house under the name of LLC, first lien recorded. value of house is at least to cover the loan(as of now). I have personal guarantee, Mortgage note, promissory note.Now borrow...
I was reading up about the BRRRR strategy and I don't understand how the refinance part works. Just wondering if I'm understanding this correctly. Thanks in advance!ExampleProperty bought: $75,000Renovations: $30,...
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My wife and I have been tracking a vacant house now for about 7 months. We submitted an offer back in May and supposedly 4 others had done the same. These offers are somewhere in the black hole that is consuming the...
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I'm thinking about selling a property I currently own to my adult stepchild (would trust with my life). I am planning to quitdeed claim the property to the stepchild (gift the stepchild closing costs needed to buy it...
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I have thought about investing in real estate for years and I'm starting to more seriously research different opportunities. I've read up on texas tax deeds and have a couple of questions.1. When a property does no...
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Hello BP folks. My wife and I bought our first home in 2005 for 131k. In 2014 we moved out of it and it’s been a rental since. If we sell it today for 275k, would we be hit for capital gains and income tax for the dif...