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Getting Your Foot In The Door Of Preforeclosed Homeowners
This can be vary frustating for most investors simply because of "FEAR".
"FEAR" has been the most prevalent factor in life that has kept many investors from being successful.
"FEAR" of the unknown!
"FEAR" of rejectio...
Jim Francis
How do I get investors to back me on a property?
I figure this is as creative a way to finance property as there is, so I'm posting it here. so I've been finding a bunch of properties that look like good deals. I don't have the money to buy them, but I know quite ...
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What specifics to look for in a good pre-foreclosure deal?
Hi,
I'm looking to buy my first home, but instead of just buying to buy, I want to make a profit out of the situation. I feel like my best chance here is in the pre-foreclosure market because I have enough cash to pu...
Rich Cavanagh
50% rule question...
Ok so I know not to live too strictly by the 50% rule and it is used in order to give a rough/quick analysis of properties.
That being said... I've seen some explanations of the 50% rule that doesn't quite make sense...
Deforrest Ferguson
Help analyze this deal. Just need another pair of eyes on this
View report*This link comes directly from our calculators, based on information input by the member who posted.
Johnny Situ
1031 Exchange Requirement
Hi BP folks,I have a question for 1031 exchange, here's a scenario:Relinquished property sales price: $180,000, remaining loan balance $102,000.Replacement properties (3 properties):Property A: $80,000Property B: $85,...
Kirsten Braddock
Bank Setup for Rental Properties
I'm looking to get advice on how others are setting up their bank accounts. I currently have 3 rental properties. Last year I adopted the Profit First System (Mike Michalowicz) and use the following accounts to manage...
Levon J.
Building prefab homes and selling them
Hi everyone, There are quite interesting deals in China for prefab homes - they are light, easy to assemble, well insulated and earthquake-resistant, and looks like they are cheap too - approx. $250 per 10 sq ft. And ...
Chris Gates
Any and all advice welcomed
Hello everyone,We are new to real estate and looking to wholesale to help build capital to be able to purchase and flip homes for bigger profit. Would love any advice on best way to get started in Texas. I think i hav...
Jeff C.
Finding investors to purchase for lease options
I saw an ad on craigslist which is targeted towards rent-to-own buyers and said something like "we will find an investor to buy the house for you, and then you will lease option the house from the investor for your de...