I've been working on this SS for a while now, a fixer upper in a great & desirable area !! I plan not to do any work, maybe cleaning - that's all. Based on what the bank is telling me I believe I have a pretty goo...

Good morning BP,My wife and I closed on a six unit yesterday after a successful 1031 exchange using @Dave Foster and his group. The process took 84 days from putting the Boston property up for sale using @Charlie MacP...

Hey guys, I’ve learned so much over the past couple weeks from you all. Thank you so much. My situation, as a newbie, seems strange to me. I found a property on Zillow; 3.4 acres, 2 bed one bath, for 38k. The property...

My group just closed, September 20th, on a 6 family value add opportunity in the Chatham area.  It was a bit touch and go right before and during the closing.  On Wednesday the seller's attorney stated that we may hav...

Hello all, I joined this site early this year wanting to buy a duplex and live in it and rent the other unit. I was going to school at the time. I decided after lurking this site for quite a while that I wanted to mak...

I hear a lot of people on BP talk about that the best they can get for financing is typically 80% LTV. A local bank I work with will loan out 85% LTV on 4 units or less and 80% on 5 units or more...here is the kic...

I just put in my first offer on a REO property owned by Chase Bank.

The property has been on the market for 148 Days.

The property was listed around October 12th of 2012 at $25,000.

45 Days Later, the bank reduced ...

Hi all,I know there have been dozens of posts re: LLCs but I'm having a hard time nailing down specifics. I understand I should consult an attorney and CPA for the nitty gritty, but can someone please walk me through ...

My next investment purchase will use a 401(k) loan from myself or my wife’s account. I want to structure it in a way so that we are paid back so that the loan balance can be reduced quickly. The point of this is to s...

I'm assessing a commercial property (occupied by a major automotive service tenant) and the seller has completed a Phase1, Phase2, and a Phase2 supplemental report as part of the seller due diligence package. The fina...