My family and I purchased a house in 2010 in Arkansas and put the original mortgage and title in my name solely. We decided to start renting it out, and all agreed to transfer the title to an LLC. The LLC was supposed...
Some facts first
Just bought a 6plex apartment complex
Ordered 23 new windows and planned to install ourselves with some help from friends
Went to local landlord meeting and met other landlords and fire marshal, bui...
Just got approval for short sale. I owe $200K on beach property and have an offer for $90K. In the short sale agreement it states that the lender or its investors may pursue a deficiency judgement for the difference...
Hi BP. Not too long ago, I took an opportunity to learn a bit about foreclosures. The information sounded interesting at the time, but now that I think about it, I'm having trouble making it make sense.So, say you obt...
It is the spring and I thought I would give a primer on "creative financing" for the BP community.I will break it up into Beginner and Advanced.I will talk about well known and not so well known strategies.Beginner st...
So, I really want to get involved in real estate investing, preferably buy and holds, but I love my job. What are some things I can do to, at minimum, start getting my foot in the door? I just graduated college this p...
Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...
I have a motivated seller which I need help to structure the deal. Her husband who is the main bread provider passed away in May and she has been struggling to keep up with the house payment.
The house was bu...
I'm thinking about taking out a $25,000 P2P loan (Lending Club, Upststart, Prosper, etc) at 6.9% interest rate for 36 months, and then investing in a note fund with a pref return of 10% for 36 months. I've put it in ...
I have an investment property that I bought as my primary home awhile back in Bend, OR. I have $180K on the mortgage and since I bought pre-pandemic, the property has accrued a good amount of equity (I could likely se...