So Dave Ramsey says that when he interviewed 10,000 millioniares close to none used debt or leverage to get there. So how many of you out there have used leverage, maybe conservatively, to increase you net worth and c...
So we've spent the last 7 months looking at deals daily. We have run the calculator on this site to the point I don't even need to think to put in the numbers...but literally nothing has panned out. 5 cities, 600+ p...
I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...
I preapproved a borrower to put in an offer, but the listing agent denied the offer because it was from a big bank. There is a misconception that my bank won't finance a "flip" transaction. Our guidelines clearly st...
Hi everyone I was just looking into signing up for the Home Depot credit card yesterday (which I found doesn't have that great of benefits) and I started wondering.. out of the three biggest box stores (Home Depot, Me...
Hi Everyone,Happy Friday first of all!! I recently got divorced and am up to my eyeballs in debt and my credit score has taken a hit (once a gleaming 750, now a less then great 640ish). I am highly motivated and al...
I'm getting stationed in norfolk Virginia soon and desperately want to get involved in real estate there. I want to invest in a duplex and sublet (hopefully using that term right) to people I am around, other military...
Hello BP Community,My name is Randy Hicks and my wife and I are interested in getting started in real estate investment. This is something that we've been committed to for a year now. We've read a lot and feel like we...
I hear stories that people have bought houses for 10 cents on the dollar at sheriff's sale/auction. How is that possible? Why would a 50% equity homeowner default when he/she could put their property on the MLS at 7...
Hi guys,Can you please help me out?Ive been struggling with figuring out what to do. I have been putting 18K into my 401K for the last 4 years and now have 100K in it. Ive been thinking that may be I should instead be...