Salma M.
Confused about seller's concession
So I finally found a property I want to invest in. I made an offer of USD 600k purchase price+20k seller concession. I am preapproved specifically for this. The seller is not happy about the seller concession. I don't...
Isiah Ferguson
turn my primary into a rental
We've been living in our primary residence for 2 years now. Our payment PITI is $1100 and the market rent for our house is $1800 per month. I would love to turn our home into a rental but my wife doesn't. How can I pe...
Jacob Phillips
Help! AP Calc didn’t teach me this!
Ok I have a pretty embarrassing math question that I feel like I should know but that I just can’t wrap my head around.I’m trying to get into the game and purchase a SFR or small MFR. I have a friend with a house list...
Ryan Parr
First Investment Property
Has anyone taken out a HELOC on their primary residence to cover closing costs and repair costs for a property they are looking to flip? I am new to this and read many of the posts but have not seen this one. I have...
Chris Gould
How to pick the right Mentor (and when to move on)
I've been virtual wholesaling for 4 years now and last year we did about 100 deals and just under $1 mil in revenue. THERE IS NO WAY I COULD HAVE ACHIEVED THIS WITHOUT MENTORSHIP. Period. Without a mentor, there are j...
Andrew Wiggins
1031 Exchange and Vacant Land flipping
Is it possible to utilize a 1031 Exchange for vacant land? Specifically can I use a 1031 to move from parcel to parcel? Also, what is the interaction between owner financed land and a 1031 exchange? Finally, how many ...
Kyle Curtin
How many sets of silverware for your STR/MTR? 🤔
Gooood mornin’ guys! MTR/STR hosts! How many sets of utensils/bowls/plates/etc. do you typically like to use for your properties? I have a full set of 4 of each object so far for my 2 bedroom unit with a good amount o...
Nicholas Foy
Making investment in Warren, MI work
First off, sorry to all who had to read my past whiny posts about my property in Warren, MI. This is a reason why you let emotions temper down before opening your mouth or typing on a public forum. Here it goes. I hav...
Account Closed
Question about Seller Financing involving an existing mortgage
Hi fellow investors. I have a question for those of you who may know the answer. I have done many seller financed deals in the past where the existing property was already owned "Free and clear" by the seller. The ...
Sam Byrd
Direct Mail Marketing to Mortgage Lates
Hello BP community! Fairly new here but started a few weeks ago with a very small direct mail campaign to folks who had received a Notice of Trustee's Sale (Texas). Two relatively small counties and entry in the cyc...