Bryce Kennebeck
Creating a property management company to service my own property and I have question
So I own a triplex with 2 of the units being managed by a PM and used for Airbnb and myself living in the third and I have 20% equity. In the near future id like to move out and purchase another similar property but I...
Clayton Swansen
Buy or rent or just go surfing?!?
Good evening all! Or at least where in the world I am it is! I am fairly new to BP, and I am literally giddy to have found such a wealth of information, and people willing to share their knowledge and experience all i...
Aleksey F.
Your opinion: would you rent to this tenant
Hi all !While I have already denied the tenant, once in a while I run into a situation like this and wonder would someone else have done something different...This was an REO duplex and I inherited tenants on one side...
Bob Daniels
Downfalls of Subject-To deals?
I love the theory behind a subject to deal, however i'm curious how some of you guys handle the potential drawbacks of the deal.I'm not very worried about the due on sale clause, it seems that this happens so rarely t...
Bill B.
How to hold title in NPN purchase?
Hi,I'm working with a mentor to purchase my first NPN in OH.We've done DD and are proceeding to purchase. I assumed that the purchase would be held by his corp and my corporation jointly. However, he just asked that...
Joseph Meenan
mortgage loans prior to settlement on investment properties
I am a new investor, I flipped 2 properties with my own money over the last year and a half. My 3rd purchase was my first buy and hold in October 2013, which I just rented out 4/1/14. The property is free and clear of...
Blake Harris
Velocity banking strategy to pay off a mortgage in 5 years?...
Can someone explain the velocity banking strategy? I have seen the concept explained as a way to use a HELOC to pay principle only checks to your mortgage as a way to pay off a loan in an extremely short amount of tim...
Eric Hulstrand
New to BP, at least in diving in
I signed up a few months ago and didn't get in the game. I'm changing that today with this. I need to be involved with other, like-minded real estate investors.I live in Eden Prairie, MN. I am a buy and hold invest...
Jimmy Watson
What's the Norm in Out of Pocket $...$0 Out of Pocket Seems Unatainable in Dallas
My wife & I have been trying to wrap our heads around what's a good buy and hold deal. For instance, we are looking at one currently that could take around $25k out of our pockets, but it would cash flow around $...
Ariel Moore
Wrap Mortgage
We are working with a seller in foreclosure. There is quite a bit of equity in the home and it only needs minimal upgrades and repairs. The foreclosure sale date is fast approaching...only a few days left. The s...