Peter Morgan
Pay down principal or invest?
Hello,I have about 100k cash sitting in my checking account and I am at the verge of a refinance.Paying down 25k in principal will help me cash flow about $100 each month.Would it make sense for me to invest else wher...
Monica Sanchez
Looking to learn more about hard money investing.
Hi,I have completed two successful flips over the past three years. I attempted to double the size of an existing project and my project ultimately went belly up due to my contractor knocking down the existing home. I...
Pra Che
Deal not going right. Need some legal expert advice
Hi, I need a legal referral and/or advice on a deal I’m working on. I got a property in escrow but the closing date is past due now, more than a week old. I did inspection with my own costs. Found several issues. Look...
Garret Anthony
Is the Non QM market a bubble?
Hey All,I have a question for everyone who is currently involved and invested in the real estate market.With private lenders becoming increasingly prevalent in this market place, will there higher risk privately secur...
John Foster
Purchasing assignment contract.
Okay, so I have bought property directly through sellers as LTH's and Fix and Flips. I have never bought a wholesale contract or ever wholsaled a property before. I do know how to both acquire and assign the contract....
Haider Zaman
Wholesaling - Lead owes back taxes! Help!
Hello BP Family!
All your advice and guidance is finally beginning to pay off! I have a lead who I am meeting tomorrow and hopefully making an offer!
I do have a quick question. During our initial conversation, he...
Tess Vismale
newbie from Atlanta: Needs Exit Strategy on Duped Deal
Greetings,
I am a newbie and I wanted to see if anyone had any suggestions on how to get out of the deal I made. My loan is with New Century.
Last year I purchased a house through a supposed "mentor" for 198k with a...
Paul Kubin
Does the contract obligate me to buy?
Learning about the process of making an offer, I've read that you should get a deal on paper by having he potential seller sign a contract. Does the typical contract hold me to buy the property and at the price offer...
Henley H.
Are private lenders able to charge PMI?
Are private lenders for real estate able to charge private mortgage insurance the way that banks do as an added security? Any insights would be appreciated- Thanks!
Derek Parks
First deal - 160k duplex for 20k
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $90,000
Cash invested: $20,000
Bought off auction with private money for the purchase and rehab. BRRR’d it t...