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Rookie here……but D.S.C.R loans seem to be a great way to acquire property. I’d like to talk with anyone who has dealt with these kinds of loans before. Pros/Cons, contacts even maybe, for instance how do you even acq...
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Hello Everyone! Thanks for taking the time to read my first post.I'm curious to hear if anyone else started out by occupying their first income property. I'll admit, I just created an account on here a few weeks ago,...
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Hey Guys! First time poster so thank yall in advance! I have the opportunity to buy my grandmothers old home. She passed away away 6 months ago and the home has no mortgage and is currently still in her name, however ...
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Hello,I'm very close to buying my first turnkey property and am reviewing the contract. Is it normal to purchase the home (rehab has not started) with a clause that says "The property is being sold AS IS with NO WARRA...
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This may be a long read for some but just wanted to put my story out there just to start something… what I’m not sure yet but let’s see what happens.In mid-2000s, during the subprime market, I began flipping homes in ...
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Hello BP Nation.After reading the post with link below:https://www.biggerpockets.com/forums/517/topics/60645-lender-scams-and-warning-signs-beware-protect-yourself-I decided to share this experience to ensure no one i...
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My closing on a flip house is being delayed due to "corona virus". The buyer is telling me its been difficult working from home so its going to delay the closing on his side. This seems like a bit of a BS thing and MY...
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Hi BP,
I was wondering if there are any states, cities, or areas where they are completely against wholesaling? I understand that it is looked down upon in general by some but are there any areas where it is deemed...
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JRW Investments is who I got this through. Not sure of their reputation or how to vet these types of deals as I'm used to single family residence rentals.https://www.docdroid.net/ZkdX6QD/exhibit-c-er-nlpef-4-executive...
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Hi BP Universe! I'm in my mid-50's and just starting out. I have a small 401k of around $20k. At this point in my life, I see little opportunity for big growth in that plan. My question is, would it be wise to close...