Hi all,       If I have a 90k 2nd mortgage note on a property worth about 600k which the first mortgage is 340k, leaving enough equity on the house. What is the best exit strategy?       A bit background, I did a flip...

I've currently been shopping around banks for a DSCR loan on a BRRR. I've now had 4 banks get back and say they only offer up to 25 year amortization and 5 year rate terms. They can do around %8 on the loan. When i fi...

Hi guys,So I hear often (Robert Kiyosaki, Trump, other rich etc) pay zero taxes legally.Lets say Kiyosaki's business "Rich Dad, poor dad, educational LLC" made 100K.The same LLC went and bought a rental house for 100K...

Hi, My name is Timothy Eaton, but you can call me Shea. (It’s my middle name)I am a recent graduate from the university of Washington. I have been working full time for almost a year now and I have money saved up and ...

Does anyone have experience in Detroit in the last year or so? how is the city doing? I see a lot of properties for sale...Would love some insight! 

Hi BP'ers!

I have a rental that I am listing at $635 a month in a C area. I have had several calls on it, and one in particular I wanted to ask your opinion about.

Her and her husband are on SSI disability (I do not...

Although I had my rental house tented for termites before the tenants moved in, I recently went to inspect the property and found some evidence of termites.  I called the termite tenting people and they confirmed I do...

Upon my reasearch I came to the conclusion that a seller thats using seller financing can only do 3 a year according to Dodd-frank rule. If this is correct is it also rules limiting the number a buyer can buy using se...

I am trying to way the pro's and con's of renting vs. owning.  I rent currently and do not think it as bad as some people think.  I'm looking for feedback and factors that I may be overlooking.  On the investing side ...

Hi BP,I have found a fairly good opportunity and turnkey rental being sold by landlords looking to retire. The only problem is I am having trouble financing it. The overall cost is $75k and it is bringing in $1550 mon...