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Anybody know if this is legal? They offer 30 year lease option and have tenant buyer responsible for taxes, maintenance and insurance. Each month the balance to buy is reduced but 1/360th.
Technically looks l...
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Hi Everyone,I was recently reading an article on BP that said they had 15 properties using the BRRR strategy.My question is how are you getting around DTI requirements when refinancing to obtain more properties?I have...
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Any advice for someone looking to get into real estate with zero credit? Have a good amount saved up for down payment and own 3 acres of raw land (valued approximately 240k) but would like to keep this in portfolio. H...
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My sister and I, @Liz Benzschawel, had a conversation this morning with the seller of a mixed use building here in town. The building has been for sale awhile at a higher price, and now the seller has reduced his pri...
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I don't understand how Dave Ramsey was screwed over so bad. He was young, had a lot of debt, but had about $1M in equity. He says the banks he went through were bought out and that the new owners wanted the debts paid...
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I called few banks for a loan where I could use the proceeds of the 1031 exchange as a down payment. However, several banks including QuickenLoans and Wells Fargo appeared to be wondering whether I can get a loan beca...
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first time forum poster looking to invest and curious on how it works
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Article courtesy of Bankrate.com Ten years after Bear Stearns, Congress reconsiders Dodd-Frankhttps://www.bankrate.com/banking/bank-reform-rollback-dodd-frank-ten-years-after-bear-stearns/What's everyone elses thought...
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I have talked with two different attorneys. I got opposing opinions on below and wanted to get what others know (or do) on the subject. Please note that this is for a Texas Series LLC.
1. Imagine you have a Texas Ser...
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Hello BP community! I’m reaching out to see if someone can help clarify BRRRR for me. I’ve been obsessed with Real Estate and building my wealth for the past year. I understand the principles of Real Estate and I also...