Aaron Lynn Brown
My first Flip!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $66,000
Cash invested: $30,000
Sale price: $169,000
I grew up next door to this property. It was originally hom...
Lois S.
Escrow instructions to pay off secured promissory note?
We hold a promissory note that has come due, and have received a payoff demand letter from an escrow co. that is not local.Escrow is asking for:the Note, the Trust Deed, Order to Reconvey signed by usPolicy of Title I...
Darren Landerway
What is my next move with the two options I have?
Hello,First time in here but very familiar with podcast. I have a question about the next move I should make with real estate. I currently own property upstate New York that is doing well and would like to buy another...
Matt J.
Best Use of Primary Home HELOC
Hello everybody. I've got a question about how to best utilize a HELOC I am taking out on my primary residence. Here are the basics around that and my current REI situation. I will have a HELOC of around $35,000 doll...
Craig Moore
What would you do at 22?
Hi BP,I'm new to this site and though I've seen this question asked several times before I figured I could offer some new questions and get some new perspectives/experiences.What would you do if you had $20k at age 22...
Mike Mccarthy
Looking to buy first home / investment property / house hack CHI
Greetings everyone,I am new here and rather new to the real estate game. Luckily, I do have access to resources from friends and family in regards to having an agent, real estate investor with prior experience, and mo...
Amber Golson
Refinance from FHA + HELOC for investment property
I was first stuck on getting HELOC on my primary residence to use as a downpayment for an investment property (long or short term rental)I talked to a few lenders and have gotten an option to refinance out of my FHA l...
Derek Sziga
First Loan gets reassigned/sold years later. Is it still senior?
Hello everyone,In the case of a sherrif sale. If the primary mortgage ends up being "reassinged" years later to a different mortgage company, does that loan still remain its seniority?Situation - Loan for 220k in 2004...
Lilah Johnson
Is this a good plan for a newbie?
Hello all. I'd appreciate some guidance or validation in my plan below. I am a first-time investor that has been researching my butt off for the past few months and am very appreciative of this forum. So much informat...
Carlos Silva
Need some advice!! Should I retire?
Need some advise. I have 3 rental properties. Two duplex and a single family. I am a month away from paying off the single family which I will cash flow $1900 a month and it worth about 375,000.
Total cash flow wi...