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I recently purchased a house for $120,000 in cash. The cost approach on the house is $185,000 after renovations. If I go through a conventional lender they are requiring me to use a hard money lender to renovate the h...
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I've recently become involved in an HOA that is really struggling. It is a high foreclosure pocket and there are now many vacant units and non-paying owners. Only about half of the owners pay the dues. We've lost o...
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As a former Active Duty Army Officer, I had the opportunity to invest in properties throughout the southeast since 2008. After reflection, there is one highlight that sticks out since that timeframe, my properties ha...
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In November my tenants failed to pay their rent and my PM started the eviction process. Today I received a notice that eviction is set for Christmas Eve.
What do you make of that?
Would you suggest to the constabl...
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What's the latest analysis with regard to Dodd-Frank 2014 which comes into effect January 10th as far as how it relates to real estate investors doing options, lease purchases, seller financing, etc.?
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Hey guys,
Has anyone invested in the Growth or Income eREITs offered by Fundrise?
I know it's a rather risky investment but they do guarantee a reimbursement if the eREIT performs less than 20% annually. They also ...
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Can someone explain how you go from a hard money loan to a conventional? I found 2 shells next door to each other that need complete rehab for $30k and 70-80k in repair. This property will be considered commercial ...
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Hi, as I was looking back at my first introduction on BP it was in Jan 2014. It is now October 2014 and I have not gotten a deal done to date. I am currently marketing to probates. I have also marketed to absentee own...
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Hey everyone,Long time listener to the podcast. New to the forum. Lots of questions and knowledge to learn. So really quick, I'm in the market for my first rental property. I've almost 100% set my sights on the studen...
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Hey BP,I received an appraisal back below purchase price and realized appraiser used initial offer and not the accepted counter offer on the appraisal report. Now there is an appraisal gap of 10k. I spoke to lender an...