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What reasons would a buy and hold investor buy a property that doesn't cashflow?
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Hey BPers,So I've been brainstorming about how to start stacking up my finances to come up with a down payment and I came across something. I'm freshly out of school and I have a good paying job but it still takes som...
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Today’s market is crazy!! And sometimes just to Not lose a “good” deal we offer a little more or too much. But is it ok? Is yes when and why? If not, why?
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Hi. My wife and I live in California and purchased two homes out of state with Marshall Reddick in 2006. One single family home was in Florida and the other in North Carolina.
We are upside down on both homes and...
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I own a mobile in Colorado Springs that I purchased in 1997. It is in great shape as all the maintenance has been kept up on it and many improvements. It is located on a double sized corner lot in a quiet mobile hom...
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Hello guys , I have a huge problem ( i mean huge) . Long story short ( Very long story ) i brought a home in Cleveland for 13K 2 family my first property . When i brought the home it was full with people living up and...
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I have heard of the technique of avoiding potential FC problems by having a borrower essential pre-sign a Deed in Lieu which basically says, if the loan defaults this Deed in Lieu becomes enforceable.
Sounds too good...
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Right now could not be a better time to buy a home! The primary difference is right now in the state of Colorado we are not "down" we are just slower than the last 5 years that have been historically high! It’s reall...
Hello.I recently purchased a multifamily property in upstate NY.I hired a contractor to renovate a part of the property, we signed a contract and i did my part in paying him on time. The process of working with this c...
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Hello all, I've recently been turned onto the BP podcast and forums. I'm in love! All the recent podcasts about the mobile home parks has got me thinking about some cool ideas. I'm curious what you guys think about an...