Hello everyone!This is my first post and although I am young, I am not a newbie to real estate. After looking into all forms of investment, I currently have decided to pursue a house flip in South Florida. I have 50k ...
Hi BP, newbie investor here...well, been actively looking since the beginning of 2016 but no contracts signed yet. After making more than a few offers on properties so far this year with no results yet, I decided to ...
Alright BP, I could really use some knowledge here or other eyes to determine if this is a worthy deal to put time into. I have recently been studying on lease option sandwhich deals and I think there is some value th...
Hello BP, I was contacted by few people on Linkedin offering me private money lending to buy Non Performing Notes, for some reason they sounded like scammers, one of the things turned me off is they email me from the...
I am wrapping up a personal renovation project in the next month or so, but have come across a potential deal in a duplex which needs renovation. I do not want to approach a bank on acquiring the property at this poi...
My brothers and I have multiple deals we are looking at - 42-350 units (about 6 separate deals) that a wholesaler has sent us. We plan on underwriting them and seeing which ones fit our criteria. They are in markets t...
I am a newbie and within the past year have closed on 4 units that are cash flowing very well. My ultimate goal is to retire at a very early age and live off of the cash flow of my properties. My unit count goal for...
I have a question about using seller financing and then taking the property back and re-selling them using seller financing again. When you do this - do you have to pay Excise tax every time you sell again? So if y...
Good Evening Everyone,
I have been a BP member since early this year but otherwise am entirely new to real estate. Recently an interesting opportunity arose that could enable me to bid adieu to the desk job a...
Hi, I had a short sale approved thru Wells and the seller is current on mtg but showed a financial and medical hardship. The home is a second home, condo- not primary residence. We had a agreed upon selling price a...