found the probable base cause of the recent downturn in foreclosures

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Press Release

FDIC Statement on the Status of the Legacy Loans Program
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I am purchasing a multi unit here in Las Vegas, and we set to close on the 23rd of this month and well there has been a sticking point as of today. It is so small in nature and I am confident it will not change the ou...

I've been looking on LoopNet for Multi-unit properties in North Carolina and wanted to get some opinions from my experienced BP members.Church Street Apartments264 Church Street, Concord, NC 28078$465,00014 Units Mult...

Hello BP,My name is Angela, and I have a question about mentor ship in the Dallas-Fort Worth (DFW) area. I would like to start out working under a mentor, but I lack the money to pay for it. I've also read that you ca...

Pretty excited to share that I will be hitting my goal for 2015 to acquire 5 more units!  This number will put me at 7 total.  I am picking up a duplex in a St. Louis for 40k and it needs roughly 16k in rehab.  I own ...

I've been in the market for another house for a few months but whenever i find something that i like and works with the numbers I get out bid. Any suggestions? I've started looking at houses that need a lot of work...

I am using the Rental Calculator for analyzing a vacation rental.  I'm looking at a 2/2 for sale for $375k.  Using 20% at list price and 4.5% IR and using actual income and expense numbers provided by the seller for 2...

I just watched this insightful video from Ken McElroy. He does a really nice job of benchmarking the economic impacts of this pandemic compared to past recessions/depressions. https://youtu.be/N-SG-n-C5IEDoes anyone t...

Let me start out with I am not new to cashflow analysis, BUT the one issue that I keep revisiting and have not found a great answer for is why 5% vacancy.  When I get sent wholesale or turn key properties and I go ove...

Hello!  My name is Melissa and I live in the Fingerlakes of CNY. I've been interested in RE for a long time and would like to get started investing.  I have found a house that is abandoned in my town that could be a d...