Tom Sylvester
Foreclosure and seller financing?
I have a Realtor who send me daily listings of foreclosures. On one of the descriptions, it said seller financing available. How does this work if the property is already in foreclosure?
Richard West
Day by Day - Step by Step Wholesale System?
Was wondering if anyone knew of such an 'Accountability' system for new wholesalers?
Basically a good wholesaling program that lays out task in a day by day process to follow to get your business going and in the gr...
Chris Aguilera
[Calc Review] Help me analyze this deal
Howdy,This is my first post on BP. I am looking to purchase a property 100% financed and only paying commitment funds and possibly appliances. This is a home that has caught my interest as a second investment property...
Charlotte Dunford
Market downturn's impact on MHP vs. Multi-Family
How does a market downturn impact the mobile home parks and Multi-Family properties differently? For example, how would an apartment building lose its value in a market crash, and be tough sell? Is it because or a low...
Peter Arboleda
Need help making an offer on my FIRST REO property!
Hi I'm looking to purchase an REO property in the montgomery county, PA area!!! I was able to get in touch with the realtor that's going to be listing it with the bank by the end of the week. It was a recently foreclo...
Lindsey Simpson
Out of State Old Lady Houses
I'm working on a deal with a 82 year old landlord that wants to sell off her properties. She doesn't have a computer. The only thing that I can think of is that I'm going to have to drive to her in order to get the c...
Vincent Park
Investing out-of-state with partner
Hi all,I'm a beginning real estate investor in NYC, and as the price point of properties in my neighborhood seem off the chart, I've tried looking out of state to invest in my first deal with a potential partner. Long...
Ray Trounday
Arriving at Effective Rate/Yield for a Note with a Balloon
I have been working my HP 10bii to arrive at the Effective Rate/Yield on purchase of a note with a balloon. Lets set aside for the moment the likely-hood of having the borrower actually pay the balloon. In most case...
Mindy Jensen
Announcing BPInsights! Historical Data for 552 US Markets!
The 2020 BiggerPockets Insights Market Study examines the 552 largest markets in the United States to help investors of all types and experience levels understand how various locales across the U.S. compare to one ano...
Paul C.
Deducting Origination Costs on Line of Credit
Does anyone know how you would deduct the costs of obtaining a line of credit? For example, let's say I get a line of credit and I pay the following fees:Attorney Fees: $500Origination Fees: $750Title Fees: $1,500Cou...