Christina R.
Can't see outside the potential box - what do you see in this scenario?
BP Nation,I received a call from a seller today with the following scenario.* 4 bed/2.5 bath SFH built in 1980* has a 15 yr mortgage of $135K - owes approx $125 on it. note is about $1300 a month* has put in $120K in...
Obed Bermudez
Multi-Family Home and no separated meters!?
Hello fellow BP Investor and friends. When Multi family homes (mainly a duplex from what I’ve been running into) doesn’t have separate meters (gas, elextric, etc...) how is it that both tenants pay for their fair sha...
Taylor Howes
How should I do this?
Ok I have been reading a lot about investing. What I want to do is become a land lord and buy property for rental. The only thing is I do not have much money and my fisco credit score is not great. Should I just take ...
Peter Douglass
Need private lender or miracle. Any suggestions?
My situation is a giant catch 22. I borrowed a private loan to purchase my property almost 2 years ago, gutted it, fixed it up slowly, and was ready to refinance this Spring. Unfortunately during this time, I also max...
Sean Honeycutt
Debt - Really Good or Bad?
Okay, if this is the wrong forum I apologize. Anyway....I keep reading articles saying that you get better returns if you take out a mortgage. Of course it makes sense that a $300/month profit on a $20,000 investmen...
Allison Levine
Any advice- Renter is part of a scam and not paying rent, now trying to extort $$
Hi,I am an accidental landlord, was part of an inheritance. I have a management company. Tenant started around 6 months ago, was paying on time and then they started with being late then went to bouncing a check to no...
Kyle Reynolds
Vegas SFR primary - Ever acceptable to Lose?
Hello BP, There is a 3/2 SFR in Las Vegas with a wonderful location to parks, schools, shopping, etc and I'm considering purchasing for my primary residence. The home is $10k undervalued for the area. It is a small fi...
Allen L.
I need loan options for primary residence
Hi everyone,
Over the past six years, I’ve built a portfolio of 70+ properties, primarily single-family rentals. My wife and I are now at a stage in life where we’re looking to move from a condo rental in the city to...
Aaron Lippiatt
How do I report income tax on interest earned from promissory note w/expenses?
If I earned interest on a promissory note, but incurred expenses to loan that money, how do I report that?I loaned money to a real estate investor who then used the money to fix and flip a property. He gave me a promi...
Jimmy Kiefer
Can I get a zero down 30yr fixed mortgage?
I am looking at purchasing an up and down duplex with a zero money down and am wondering if I will be able to find a lender that will provide a 30 year fixed mortgage. How realistic are my chances of getting this type...