I’m buying my first home for 80,000 In a neighborhood that could appraise at 140,000. I got very lucky with this deal. My question is should I treat my 30 yr mortgage like a 15 and try to pay off the house as soon as ...
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So I find my self in an odd predicament. I've just filed for BK after making a lot of money in the oil fields but I will soon have zero debt and around 3k a month investment money. I know it will be near impossible to...
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Hey BiggerPockets friends! I have something that I desperately need advice on. I was driving around my neighborhood in the suburbs of Philly and came across a sign that read "Triplex For Sale By Owner". I called the n...
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Me and group of friends who want to get into learning how to flip wanted to partner in a residential foreclosure deal. Not sure how to determine profit split since the roles of each person is different. Investor A and...
My wife and I have been renters for 14 years, despite above average income. We want to get our first house together. What can we do to get started? We both work 2 jobs, just to keep in the same place, not moving forwa...
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Some recent BP forums on the same subject got me thinking. There seems to be a problem inherent with double close, wholesalers with no money of their own etc. A recent post suggested by Will B got me thinking. He sugg...
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Not sure if this is the correct area to ask this question, but want to throw some numbers out to see what's the best direction.
Last year I bought a house, paid $13,000 through the city since it was an abandoned prop...
So, I'm about a quarter way through the BRRRR book, and I started thinking to myself, "would this strategy work with the house I'm living in, currently?" The house I'm living in is paid off. ARV is $248000. It's the o...
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I am very intrigued by rental real estate. I have been for years. Like many renters I have talked to, I have said to myself “I should own this place and let people pay me”. Fast forward and I have purchased a house ...
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Hi BP,im in the military and am a lower enlisted soldier, so my pay is not the greatest, but i do make the most out of what i get. i save every dollar other than the minimal bills i have. which the money i do save is ...