Hello my name is Gaby and I am a newbie about to get my hands somewhat "dirty". I plan on buying a duplex in about 4 months ( when I find it). I am planning on taking the same path as most newbies which is living on ...
This isn't my deal but I want to give a shout out to BP member @Corey Jacobs for not only closing his first deal this week but also for skipping the SFR phase entirely and jumping right into a 6 unit property!He did s...
Hello, I am purchasing some apartment units with existing tenants and leases in place. When I acquire a new property, I have the seller give me a lease assignment agreement, assigning the leases legally over to me. Th...
While I am sure this topic has been discussed, for some reason my search of bidding guidelines for notes has not yielded any information other than for bidding on HUD homes.I have traditionally focused on NP junior li...
Hey guys,
Was hoping I could get some help on my first pre foreclosure deal. I went to view the home today and I think its got good potential to be a sweet deal. Since this is my first go round with pre foreclosures,...
I just found out today that my offer for a foreclosure was accepted by the bank...I intend to purchase the property with an FHA construction loan which requires me to live in the house and begin construction within 30...
How does one go about finding private money lenders? I'm having a problem with getting offers accepted on 40k-80k single family houses and competing against the full cash offers close in 10 days people where as I am n...
Hello fellow BP friends!Just agreed on our first residential SFP and waiting for the closing in mid-November. Wondering if I should buy it through our newly setup LLC or buy it under our name.Background:-we are both ...
Hey all! New investor here. I have some questions regarding LLC's.
My basic understanding is that LLC's are good because they can separate your businesses expenses, and they keep your personal assets safe in the even...
Hello! I am looking to purchase my first investment property using the househacking method. The goal for starting out is to find a 2 or 3 unit property and to live in one of the units. I am looking to use an FHA 203k ...