Dominique Mickles
Financing on a "Short Sale''
Hello bp members,
I was just browsing at 2am and I came across a town house in the area that I am actually looking to move to in my city. It is a "short sale" for 25k and of course it needs some TLC, and the thing is...
Noah Milstein
Online rent collection, cozy vs avail
Getting starting in buy-and-hold and trying to do as much preliminary research as possible. In the process of getting a first investment property right now. For the time being I plan on doing all the listing/advertisi...
Jose Pena
How can I use credit to buy real estate?
If you got $50,000 in credit cards at 0% interest for 12 months. How would you use this to start investing?
Jimmy Ready
FHA Loan Basics on first Investment
Hey everyone,Currently looking at my first investment property. Looking to do a live in flip/ house hack. Numbers are all checking out on the property. Im just in the process of comparing the advantages and disadvanta...
Drew Castleberry
Packaged Deal: 6 Properties and 4 Notes
I deal just fell into my lap over the weekend. A family friend that has his on REI business (175+ properties) wants to start liquidating his properties and is giving me first dibs. He wants to sell of pieces of his po...
Jay Holder
New Financing Question
Hi I received the below lender letter from a lender I am working with. My question as this is my first investment is if below are good terms. It is for a triplex that is fully rented out. It has rent of $2025 a mont...
Taylor Johnson
Understanding Private Money Interest Rates
Last night I attended my local REI meeting and the topic was about private lending. This seminar was so helpful and got my wheels turning about prospective family and close family friends who could potentially be a pr...
Seth Schaeffer
Cycle of Foreclosures?
Newbie here...so what's the life cycle of a house that goes to into Foreclosure? courthouse auction--->bank sells where?--->MLS?
I ask because I'm a huge fan of the 3ft rule and I talk to anyone I can about re...
Gonzalo Hernandez
Am I on the right path? Help
Hey guys! Hope you're all doing Good and business is goong well. Im New to BP and real estate, i've been reading alot and i had some questions maybe you guys could help me out with.
I want to buy an apartment as an i...
Craig S.
Is Net Income or Gross Income Used For A Mortgage?
Hello,
I am looking to get financing on my first deal. I am looking at purchasing a multi-family apartment (max of 4 unit) through the FHA program.
I am 22 and self-employed. My gross income is a lot higher than my ...