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A question – We are looking at wholesaling REO’s. We intend purchasing a REO’s in a llc and then selling our rights/interest in the llc and collecting our fee.
What we need to know are the steps involved in doing th...
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Hi my fellow BP community!
I originally joined BP, thinking that my strategy would be to invest in out-of-state MFU for cash flow (i.e. Ohio market) as entry-level in my market of Los Angeles was too unattainable w...
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I'm doing a 1031 exchange in 2017 and I'm going to hold back some cash. I'm thinking about seeking a joint venture partner for flips. They oversee most of the work and I could bring 200k, maybe more, to the table. I w...
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I have a few clients that I'm helping out and maybe some Houston area flippers can help out a little.They're all looking in the 60k-120k range and I'm finding flips with around 16-21% returns (I'm subtracting 10% of t...
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The seller is asking $749,000 for this property, the tax assessor has it at $627,100, I've analyzed it at $600,000. It needs some exterior work, and what appears to be a minimal amount of interior work. I've only b...
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Hi all,Looking to get a quadplex in the pricey southern california market. Have been looking into creative ways to fund my first deal. Does anyone have any experience borrowing against their 401(k)? My company does a ...
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What do you think is the SINGLE most dangerous pitfall for real estate investors (decisions, thoughts, habits, personality flaws, beliefs, behaviors, etc.)? What kinds of personal liabilities keep us from being succes...
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Hello Everyone! I am looking to get a deal done on a property that I am currently managing for a couple who have recently divorced and live in a different state. The home is a nice 3 bed 2 bath home 1800 sq feet. I ha...
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Hi everyone, Let's say there's an older gentleman who owns a multi-family property free and clear. Bought it back in '85 for $30K and is selling it because he lives a good distance away from the property, is older ...
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I'm trying to buy my first house hack via FHA and am finding it almost impossible so far. I have a good job and am increasing my savings fairly quickly but am having a hard time either a) finding sellers that accept F...