Hi BP, I am still trying to acquire my 1st buy and hold. I found a quadplex (4 units at 2 bedroom/ 1 bath each) that is in a C+ neighborhood.  Here are the numbers.  What do you think? Purchase price: $69,000$17,000 o...

Hi  All,The recent tragedy of the realtor that was killed while showing a home serves as an unfortunate reminder of the potential risks posed by door knocking.  I never go alone; I usually take my sister.  Even though...

Hi BPers,

Here is a question that I am not sure has been asked yet

I recently found a distressed seller who are in the middle of divorce and have agreed to sell their house at a reduced price and via a land contrac...

I have a dilemma with my contractor on a duplex flip. The current situation is he is off the job because on a health issue. He called earlier this week asking for more money in order to meet payroll. My fear is he wil...

Just heard about a friend of a friend who is using a HELOC with the intention of paying off his home quickly. The basic idea is that you use a HELOC to pay off your original mortgage. Then instead of having your free ...

I am attempting to lay out my financial path to semi-retirement (i.e. leaving my current w2 for something less time consuming/more enjoyable) within 10 years or less.I can identify my family's spending now and what I ...

Hello allFirst i want to give perhaps a little background on myself:-I'm 22 years old and i have just graduated college with a bachelors degree in mechanical engineering from a university in the metro Detroit area. -T...

Hey guys,

Here is an example of my first deal I am looking to do. I mainly need advice on which route to take with my GC, who is my father in law.

I proposed to him 2 scenarios. and he suggested a 3rd.

Initially ...

I am in the process of interviewing contractors and I have had several contractors offer to work/get paid hourly. They are basically saying I can pay for the materials and they will get paid for the work based on the ...

Hi, I have a lot of owners in my area that are interested in selling their property, but as you can imagine, the potential hit of taxes tends to deter them from pulling the trigger. I have begun to consider the idea o...