Carlos Enriquez
WA State lender won't loan me more than $801,000 due to LTV
Jumping right in, I was told today that I would have to cough up $349,000 DN for a $1,000,000+ 4 plex. 25% would have been $287,500, which would have been easy.So now I'm considering breaking my IRA, cleaning out my...
Tyler Kurz
Buying forclosure prior to auction
We found a property that is going through the foreclosure process. It is scheduled to go to auction at the county court house in a month. We had our real estate agent look into the property for us and had a title comp...
Hugh Scarlett
Newbie from Down Under, investing in IN & MI
Hi everyone, just joined BP having come across the site whilst scouring Detroit properties on the weekend. Yep the usual web thing... 'that looks interesting.... Click...' and the rest is history. Then an hour later...
Spencer Liddic
27 Units at 27 Years Old
I’ve been reading the BP blogs and books, and listening to all the podcasts over the past few years but have rarely posted. I wanted to finally share my real story and get more involved here on BP …. sorry it’s a bit ...
Kenny M.
Tough decision. Sold some properties, others no mortgage
I've been selling off some unprofitable properties, but I made up for it with the sale. Netted around 200k all-in-all. I didn't do a 1031 exchange as I have so many carry over losses from my new construction, it reall...
Ki Lee
Where is your favorite area to buy a cash-flowing 3-4 units?
Hello BP - I'm doing a 1031 exchange where I'm going to sell my under-performing properties in Chicago and Ogden to trade for a better cash flowing properties. These properties have appreciated, but are not cash flowi...
Scott Passman
School isn't the only way to learn
I am working on a second graduate degree right now and I find myself constantly saying to my wife that "school is getting in the way of my learning!" I have found so much more value in my self-studies via reading boo...
Jennifer S.
Self Directed IRA Cashflow
I've been reading up on the Self-Directed IRA, and from what I've found is that any cash flow/profit goes back into the SD-IRA. How does one legally obtain funds from a SD-IRA for basic living expenses if the purpose ...
Jack Medford
Madison, Wisconsin - Q2 Report
This is my first attempt at making a quarterly report for the city of Madison, WI. I'll be posting one at the end of every quarter for the foreseeable future, so PLEASE LEAVE ME YOUR FEEDBACK so I can continually impr...
Cesar Perez
Need help with seller financing
Hi all,I've been lurking on these forums for quite some time - today is my first post. I could use all of your help. I recently came across a four family property and seller wants $725k. I want to house-hack one of th...