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Hey BP...have a question hoping you can help me out.I'm just starting out in REI, and working on the plan to buy my first investment property. After researching potential strategies, I am focusing against commercial, ...
Hi BP members,Scenario:You have excellent credit, own a home (very little equity due to large Down Payment, Mortg. Low), Not much in savings, maybe 7k and you see a 6 plex fully occupied for sale at 409k (under value ...
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Hello,I own a second house in Putnam Valley, NY, about 1 hour north of New York City, in a cooperative community. We are a "land co-op" made up of about 75 freestanding homes across 125 acres. Each member owns the p...
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Last year a couple had a for sale sign on a duplex, when I questioned them about owner financing they were hesitant, but comfortable enough with it. I recently caught up with them the other days, and they have moved i...
Hello – I have a few questions focused on financing an investment property. Any detailed/thoughtful help is greatly appreciated.Situation:I have 2 partners and together we have $30,000 - $40,000 in cash we’d like to p...
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I want to use a portion of my life insurance as a down payment on a property. Can anyone who has ever done that shed some light on the subject? What should I be aware of while doing this?
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I completed my short sale May 9th 2013. I missed the final 3 payments on the old loan in order for the bank to approve the sale. Fast forward to today, I currently own a townhouse with owner financing in place (sinc...
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Hey fellow BP members,
I have this deal that I'm looking to work on.
This out of state newbie investor purchased a property in a HOA foreclosure sale a year ago, he paid $27.7K for it. It is a completely vacant prop...
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BP Community, The market where I have been investing is experiencing a downturn in home prices. There is now a glut of 3 bedroom, 2 bathroom homes, which I like to use for rentals, but most of the homeowners are clin...
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Which is harder? Finding the deal or finding the financing?