Hi BP! I've been a wallflower on BP for a few months and I finally built up the courage to do my first DM campaign. I have a lead now that didn't ask me to take me off my mailing list. I'll try to be as detailed as po...
Is it possible to use your RRSP without penalty on a creative finance deal such as rent to own or subject to deals? I have a buyer with certain amount of cash but doesn't qualify for bank mortgage. Would be great to f...
I am looking to purchase a few duplexes for rental properties and should be able to get the loans to do them but I don't have enough to cover the down payment. What is the best way to still be able to purchase the pro...
Hi, I'm in Chicago and am interested in doing lease options. Could anyone offer information for a beginner? Do I need a website right away? What do I need to get started (ie real estate attorney, where do I find contr...
Currently, my wife, our 3 children and I live with her parents. We sat down with our RE agent for the first time yesterday to discuss our goals with REI. Our plan is to finance our first home with at least a 20% DP, f...
It seems every contractor wants at minimum 1/3rd, 1/3rd, 1/3rd (or more upfront), despite advice on here to not put more than 10% down.I've scoured the General Contractor Payments in the forums and it seems the ones w...
Just wanted to throw this out there to see what you guys think. Here's the deal. Today my property manager went to one of my newly acquired rentals and the tenant states "Can I pay $400 today and $500 on Friday?". ...
So I have a successful BRRR stories, but there were a handful of mistakes made which is why I am posting to see if you can point them out and learn some lessons. I bought said property in 2014. It was a short sale. ...
Say market rents are $1,000 in the area. I'm thinking of offering about 20% as a rent credit. $900 pays for the lease, and a separate option contract gets a non-refundable $200 paid into it. Is that a fair split or do...
On March 2, BBVA announced 100% financing for consumers in low to moderate income areas. They are also willing to help out with up to $4,500. While I haven't seen the program's full details, I'm certain they will have...