Debbie Woods
In Illinois want to buy home in FL to use for rental income
I plan to retire in about 6 years and would like to buy a property on the Florida coast that I could use for rental income until I move down there to retire. I have no experience in real estate. I've bought two homes ...
Jennifer O.
Buying MFH with existing leases I am not crazy about...ideas?
Hi BP,Have an offer in on a MFH (competitive bid situation) and I have just received the existing 3 leases (that expire anywhere from 30 to 120 days after I take possession).I'm not crazy about how the leases are writ...
Peter Halliday
When you first got into notes...
I'm curious the answers to these questions from note investors out there.Did you start in Senior or Junior?Did you start in Performing or Non-Performing?You started with your IRA or your own cash?Educated yourself, ta...
Gaylene Rogers lonergan
Only in Texas: Homestead Protections
If you reside in Texas, homestead protection is built into the Texas Constitution. It allows you to maintain your home free from the possibility of seizure by certain creditors. This protects Texas citizens from havin...
Cameron Adams
Oregon foreclosure
Does anyone know what the minimum bid at sherif sales auctions are? Do I need to call the lawyer doing the foreclosure or the sheriff before the auction? If the property doesn't sell at auction is there anyway that I ...
Justin Reed
Borrowing Against Self Directed IRA
Hey everyone, I have a 401k from a previous employer that I was planning on moving into a self directed IRA. I just was wondering if you are allowed to borrow on margin with it? I'm sure every place is different but I...
Karen Pendergast
Can you finance a property after purchasing with cash?
Hello! I own a rental property (townhome) that I paid cash for from an inheritance three years ago. The property is in an LLC, and I am the sole owner of the LLC (I'm married); property value about $300K at this point...
Zach Bollman
Diversifying Without Major Capital
Hello all,
I’ve been looking into note investing and am curious what everyone’s experiences are on BP. Notes seem to be pretty capital intensive due to the cash purchase requirement. For example, with $50,000 availab...
Diana Jing
Rent To Retirement Review
Hi BP! I recently just closed on my first 3 turnkey homes with Rent To Retirement after being referred to them from a colleague of mine who had invested with them for a few years now. I thought I would start a forum...
Tricia Brock
Need Advice: Bought a house with an unmarketable title
Hello All and thanks for stopping by to help.I purchased a SFH in 2019 in Saratoga Springs, NY. I purchased a fee title insurance policy on the property. No issues arose regarding the title when we closed on the prope...