Christopher Dorsey
Need help with 1st deal - ASAP
Hello BP,I'm back with another question. I have a 'semi' motivated seller. I do not know what kind of deal to do in my situation. Here is the breakdown of things.Sale Price: $213,506 (She's going to sell to me for ex...
Alejandra Tapia
Borrowing money from your 403(b)
My tax preparer recently mentioned the possibility of taking out a loan from my 403(b). He mentioned that a good thing about this is that I would pay back the money to myself, with interest, as opposed to the governme...
Gabriel Trieu
Getting to My 1st Deal: Update 5, Wk7. C3: 2nd Contact
Update 5; 3.12.14
Good evening everyone, this is my 5th update and my report for weeks 1 and 2 (Feb.24-Mar.3) in my 3rd yellow letter campaign with me attempting to wholesale SFR's in San Diego, California.
...
Larry Flanagan
Can I salvage this deal?
I locked up a good deal last week and had it wholesaled in a matter of hours for a $20k profit. The seller was satisfied with the deal at the time of signing, however, one of the "buyers" on my list was competing ...
Corey G.
Looking for some Advice. Property payoff vs reinvest.
Hello Everyone, Let me give you the setup real quick. Over the past 5 years I have purchased 4 multifamily properties. I bought them all a little distressed and fixed them up and have mortgages on all 4. They are all ...
Jim Stanley
Please critique this plan for Florida short term rental
My wife, daughter, and I live in a suburb south of Denver, CO. We have a SFR residence and a SFR rental just down the street that I self-manage.My wife is from Ecuador and hates the dry climate in Colorado also the c...
Patsy Waldron
Tenancy in a Foreclosure-- what are probable scenarios?
Hello all!I have a question for the pros who deal with foreclosures (the process itself, selling them, etc). I have found a house that is in foreclosure that is being advertised for rent. This is in a city with a very...
Andrew Davis
This is a great deal!.... Right??
Hey BP Community,I'm dipping my toes in the apartment water so to speak, and someone brought this deal my way.Here are the numbers:$1.2 million purchaseCurrent occupancy: 58%Units: 64Average Rent Per Unit: $550 (conse...
Sherry Patterson
Who owns my house?
I am new to this group and working on my real estate lic. planning to work in investment real estate. So I have my own issue that I am hoping someone on here can help me understand. You guys are always talking about ...
Bobby Valcin
I'm on the third R in the BRRRR strategy (Refinace)
I have a property in Florida where I have a tenant moving in this coming Friday. The property was purchased through an LLC. I reached to the hard money lender that I used to purchase the property (Lima One) and was a ...