I am planning to purchase a foreclosure this week for $161,000 and put $20,000 into it with the hopes of it appraising around $250,000. My original plan was to flip the property and sell it for a quick $40,000 or so. ...

So I’ve been researching the brrrr method, and have found it very helpful, I’ve learned that you can refinance almost immediately using hard money lenders. My question is why does it take so long for people to reach 1...

Hey BP, I was just curious what was everyone take on buying rental properties. Do you or would you buy turn-key properties? Why or why not? What do you consider turn key (i.e. already renovated and rented or just reno...

Looking to get into purchasing an apartment complex. What is the best size? I would rather have an on-site property manager. I would rather have the property at least 75% occupied. I would like to get feedback on some...

Hi all,I have always found success stories very inspirational and I've looked forward to posting my own for a long time. I can finally say that my first deal is done, and my partner and I walked away with a net profit...

Curious what everyone's thoughts are on the following 2 options:

1. Put money aside in 401k and take a nice tax savings now, but not be able to leverage the money easily for REI. With a Self Directed 401k I may have...

Looks like I'll be leaving (military move) later next year. I'm looking for a team to help manage my house and rent it out in Las Cruces. This is my first rental and I'd love to hear some opinions and possible referra...

Hey guys,
From what I heard banks normally use your gross income to debt ratio to determine your borrowing power. If I depreciate property value on my tax return to deduct my net income, will that impact my mortgage ...

Hi-Over the course of the last couple of years I have pieced together the beginnings of a financial education. The birth of my daughter made me realize that I don't want her to begin her "working" life with student lo...

Hello all! Frequent lurker here, decided to join in on the conversations. Here’s my current situation.I’ve been flipping homes full time since 2013. In between flips, I’ve purchased 12 SFH with cash. I have 9 of these...