David Cornett
Reasonable terms for seller financing
Hello,There is a SFR on the market (1200 sqft, 3b/2ba). Sale price is $78K but the seller wants to finance the deal, requiring 5% down and $850/month for 20 years. This translates into $204K over the life, in additi...
Michelle Verdugo
Real Estate License - best way to learn?
I own a rental property but want to expand my knowledge of real estate investing. I've spent tons of time reading here on BP and reading books but I like structured learning. Should I pursue a real estate license to l...
Andrew Earle
Financing Pickle! Got the Deals, Now need the Money
So for whatever reason, I’m having super favor in finding deals. I’ll lay out the quick history to catch you up with my current situation. 2 years ago I GC’ed the construction of a duplex on a lot I purchased from a d...
Sam Leon
IRAs and Solo-401Ks, husband and wife
Trying to figure out all the pieces I need to get to a point where I can invest from a solo-401k.My understanding is if you purchase a property from a solo-401k, you need to delineate the money if its funded from two ...
Benjamin Sulka
Rental Income for Loan Qualification
Is it typical for lenders to allow 75% of rental income on your previous property to help you qualify for your next property? Would love to hear your experience with lenders and scaling your portfolio with the right o...
Lotus Eli
Need Advice for Helping a Struggling Mentee
Hey BP Fam,
I just started mentoring folks interested in real estate investing and could use some advice. I’ve got two mentees right now. One of them is absolutely crushing it—she’s always hunting for leads, making c...
Katlynn Teague
Why should an investor work with a wholesaler over a real estate agent?
Why should an investor work with a wholesaler over a real estate agent on the purchase of distressed properties? If you're an investor looking to buy distressed properties, you may be wondering whether to work with a ...
Robert E Bogino
Anyone else flipping new mobile homes on land?
Hard to find mobile home posts not in the 'park" forums. 3 years ago I transitioned from SFRs to mobile only. Rehabs but mostly demoing old homes and replacing them with new or developing raw land for new homes. Ty...
Justin Tahilramani
Purchasing a REO using 0% Balance Transfer
Hello,
Just looking for a little advice. I have an REO that I am considering making an offer on. I feel confident about the numbers, but I wanted some advice on using a 0% APR CC Balance Transfer to float t...
Jeff Dimmler
Bought my first place, what do you think?
I recently bought my first home in July in Phoenixville, PA! I had been searching for the right place for many months and finally came across a pretty good deal in the area. I bought the place for $173,500 and appra...