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I have notice a recurring problem when I talk to some folks about wholesaling. The question "isn't that illegal?" comes up alot. I think its time to clear the air!!
MY OPINION: there wouldn't be a blog with thousand...
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DoHardMoney.com says that for a discounted fee of $1395 they will guarantee that they coach & work with us to obtain cash lines of credit with various banks (now credit cards) since they don't lend in our state...
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Finally closing on my 48 unit complex on Monday! It's been a LONG process but it's finally coming full circle . I appreciate the input on a couple past post I made in reference to this deal.
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Hello all,
I am fairly new to BP as is evident with my question.
My wife and I are graduating college in December and we want to buy our first rental (duplex most likely). We will probably need an FHA loan in order ...
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I was set to close on a house today (currently in it's redemption period of foreclosure) but the appraisal last week discovered that the square footage had been listed as more than 250sf over actual, taking the price ...
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Hi everyone,
I am so close to making an offer on a apartment deal that I like. It’s in Dallas Fort Worth area with around 6% cap.
Some value add opportunity to raise the rent and potentially exit in 2 to 3 years.
Cu...
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Since about the end of 2011, and well into the first quarter of 2012, trustee sales are being overrun with greedy bidders representing hedge funds and foreign buyers. I’ve heard countless stories about Canadians biddi...
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I am selling all 3 properties I have inherited with interested buyers for all. The value totals up to close to 800,000$. Me and my wife are creating our own llc to put it under and want to start investing but aren't q...
Hello,There's a duplex that's going for $250k, with gross cash flow at $1900. Vacancy at 7% ($133), Insurance $70, Maintenance / CapX at 7% ($133), Taxes $75. I've got a HELOC that lets me borrow up to $63,000 at a Va...
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Hi BP! Quick and easy question for all the new or soon to be new landlords out there. What's your biggest fear of becoming a landlord?I am here in Chicago and have had pretty good luck so far with decent tenants, ho...