Meryl McElwain
Wholesaling-how exactly does it work?
I recently heard a remarkable story of a wholesaler claiming they picked up a house for 32,000 and then turned around and flipped it to a contractor for 54,000 within a span of 10 days.
The story is true; which leads...
Eddie P.
Why do investors buy HOA liens at auction?
I constantly see investors buying up HOA liens at the foreclosure auction and wonder what is the reason? If they had no mortgage or a low balance on the mortgage, I would understand. Most times they are way under wate...
Stevie Delacruz
Investing too young?
Hey everyone! I’ve recently been stumped on this specific concept and hoping to get a few pointers from some successors. I absolutely love the idea of buy and hold real estate investment properties but I am a 19 year ...
Cynthia Oistad
Single Family vs. Multi-Family - ANYONE doing Single Family?
Is anyone out there seeing cash flow with single family home investing? Are we ignorant to avoid cash-flowing multi-family properties? Hi Everyone! My husband and I are newbies to real estate investing and we are tr...
Corey Dutton
Interview with a Banker – Why Banks Still Aren’t Lending
With the exception of community banks and credit unions, most would agree that banks still aren’t lending. “Hogwash!” some of you bankers who are reading this will probably say.
As a follow up to a post I did nearly...
Dmitriy Fomichenko
Self-Directed Solo 401k for Real Estate Investors – Q&A
Over the years I’ve seen many questions here on BiggerPockets forum related to various aspects of using self-directed Solo 401k real estate investing. But the challenge is that those questions are spread out across pr...
Nick B.
2nd position note - is this a good deal or not?
Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
Christian Hunter
Is wholesaling illegal without being a broker or owning title?
Hi, ive been wanting to start out in the REI game through wholesaling properties, but have come across some information on BP that it is illegal unless your a licensed broker or have a mass amount of knowledge and ski...
Aaron Yates
And they said I would never do it!! If I can, SO CAN YOU...
Hi everyone! My name is Aaron Yates. I just found this site a couple days ago but have been glued to it for 3 days now. I love it. I needed this years ago so my venture could have been a lot easier for me to get where...
Ned Carey
The 2% rule is the most brilliant ever
The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...