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Hi all, Here's a highly simplified hypothetical situation. Let's say I buy a 1st NPN for 20k with an UPB of 100k and it's the only lien on the house. What's stopping me from forgiving the debt and paying the owner say...
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The acronym FINRA stands for Financial Industry Regulation Authority. On its website it describes its mission and utility."FINRA is dedicated to investor protection and market integrity through effective and efficient...
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Hi BP!I'm looking to buy a primary residence (sorry Grant!) in the Olympia, WA area, but also am looking at buy-and-hold deals and flips in and around the South-Sound area. I want to start establishing long-term relat...
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Hi BP - In two weeks I am doing my first purchase and repair in a very nice neighborhood in Blue Springs, MO (an "A" neighborhood in Kansas City).
It is a 5-plex with 4 studios and 1 one-bedroom.
I have only ever d...
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So I bought a two family 5 bed apartment located in a student rental area (paid $128,00 currently rented for $1800 a month). The apartment was already rented until the school year (May 2013). The current tenants have...
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Home depot is expensive... so where do you go to get your rehab things? Habitat for Humanity Re-store? are there warehouses ... direct window suppliers, direct flooring/doors/fixtures without home depot or someone l...
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Hi all, Long time reader on these forums but this is my first post. I am an out of state investor looking at properties in the Indy area for cash flow. I am open to both multifamily and SFH. I have an agent that I h...
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I am looking at a 4 unit small MFH in San Francisco, it is relatively speaking "priced well"... The prob with the property is that the ground floor is a commercial space that is currently vacant and I can see why it i...
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I'm new to BP Pro in last month, though a largely inactive member over three years. I've really wanted to do REI since about 2003. As a substitute I got licensed and have been an agent since 2003, listing for 5 years,...
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I’ve been to a lot of real estate investing meetups and heard from a gazillion speakers. The good ones share meaningful knowledge and sometimes how they operate. I’ve struggled trying...