Hi BP,
My REI partner and I are about to purchase our first two single-family homes.  Our realtor got a deal on 9 homes with a wholesaler.  We are buying each home for $148,000, with $500 in earnest money, and the Zi...

I am curious about BP member thoughts on an Airbnb-purpose condo project underway in Austin. Pros and cons of looking at this as an investment? Thanks!New article here and posted below also. Press release here. "AUSTI...

Hello BP members,Hoping the experience of this community can help shed light on some of my concerns. I have been reading some of the discussions on here for awhile specifically because our family has been interested f...

So what ever happened to “the pursuit of happiness?”In 1776, Thomas Jefferson wrote, when crafting the Declaration of Independence, "We hold these truths to be self-evident, that all men are created equal, that they a...

I was talking to mortgage company loan officer and I mentioned that I would be getting a private money loan from a friend for an investment property I’m looking to buy. She said that the bank will generally frown upo...

I am totally new to the purchasing of notes. I have recently begun working with local banks in gaining access to their non-performing assets/notes before they're handed over to brokers. One bank recently sent me the ...

There's a property I'm interested in where the seller is VERY motivated to sell because she is in jeopardy of a tax foreclosure this coming March. Anyways, she's willing to finance a note for me, with great terms; ho...

I checked out a foreclosing property with a Title Co to see how many liens were on Title. There were three, but none were tax liens. Can I safely assume that there will be no surprises.....that is, no tax liens? Or...

I'm going to approach the owner to purchase a foreclosing home, subject to lender approval of a short sale on the 2nd and 3rd. Indy has the 2nd and WaMu the 3rd. What can you tell me about these lenders? Auction is...

I've been very successful with purchasing REO's for 10k-25k and renting them out for $625-$700 to sec. 8 tenants. I've used credit cards with fixed rates and Bank of America to mortgage the properties, but these types...