Ok so to start i do not live in Madison Wisconsin but plan on moving there in about a year and a half.  I am originally from southwest Wisconsin and grew up in Madison and then a few small farming towns.  I joined the...

Hi everyone,I'm glad I found this community! I'm just getting started and would love any and all advice or encouragement you have to give. I've been reading books, watching webinars, and doing as much research as I ca...

I know this is a personal requirement, but I would like to see minimum cash flow requirements for many of you when analyzing with the 50% rule. I agree that $100/door is a good number to strive for, but I would like t...

Posting here because it's really a financing question. I've found a few properties in my area that are "retail priced" but have areas that have been ignored by the seller which could improve cashflow to a worthwhile l...

First one to 13,000 on BP!!!! That is cool. No one else will ever be able to say that. My latest claim to fame. Please understand, this is all tic.... Rich, shutting it down for the evening.

Hey there everyone, I am excited about joining the BP community. I also am relatively new to RE investing with the endeavor of growing my own personal RE portfolio. Any sound advice feedback or direction from experi...

Hi,My name is Jerry Jerome and I am just getting the ball rolling in real estate.  I have a friend that suggested I check out BiggerPockets back in July.  I have been nothing short of impressed with the volume and qua...

First of all I've just discovered the wealth of information here on BiggerPockets and its really exciting.  I never knew before where to go with some of my questions, but it looks like this forum is a great resource.I...

Hello BP experts. I finally received my bandit signs and I am planning on getting them out there this weekend. I got a standard purchase and sale agreement after joining Steph Davis' blog the other day. Thanks Steph.
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I am looking for advice on how to structure this possible deal.  Here are the numbers:ARV: $690kLoan Balance: $320k with 1st position loan $220k and 2nd position loan is $136k.  This is a preforeclosure home with a NO...