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I'm learning some hard lessons on my second rental property purchase here in California. I inherited 2 tenants that have refused to pay rent since closing on the property in late October. In late November I served a 6...
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Hello All,I want to get my first deal and Assigning a Lease option is hopefully going to be my fastest way to get it, as thus far wholesaling has proven to be such an elusive creature.I would like to perform this in t...
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I own two properties free and clear, with a total value of $750,000. I live in one and rent out the other. I’ve been turned down for a HELOC by three different lenders (Penfed, US Bank, and Wells Fargo) all because ...
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Newbie question for those members that are well engrained into the RE investment space. I am looking to begin leveraging cash I have in REI to increase my wealth and create future financial independence.The townhome I...
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I have had a young couple apply for my 2bed 1bath apartment in my multiunit. The girlfriend is unemployed and stays home looking after the couples 1 year only son. Her credit score is 522.
The boyfriend has a 615 ...
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Hi everyone!
I'm a renter in NYC, with my partner and two dogs. I have amassed a decent amount of savings which I have put in the stock market, but would like to consider putting between $100-150k into real estate,...
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Hi,
I am a resident of Texas. I have been a good tenant (openly acknowledged by my land lord) and on occasion, I have even helped her out by forwarding her critical mails etc. I can only guess that she is h...
Hello all,I recently sold an online company I started 8+ years ago. After taxes I am ending up with roughly ~$6m. I am looking to purchase in cash initially and then refinance. I've been looking at multifamily buildin...
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Hi BP community,My business partner and I are new real estate investors located in Orange County, California, and we are very excited to introduce ourselves to the BP community.Let me start with introductions. My name...
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Currently living in South Florida. Love it here but looking to relocate to an area with a younger age demographic. Austin, TX is down 20-30% from peak asking prices and I don’t see it getting better with the current e...