Gary Kurtz
question about 2nd note and trust deed
Forgive me if I've posted this in the wrong forum. I'm reading R. Mike Weese's book 'Janitor to Multi-Millionaire" and I'm trying to wrap my head around the concept of him "...'creating' a 2nd note and trust deed....
Michael Wang
Looking to get started on accumulating rental properties-looking for advice
Hello everyone, new to BP here, but have been reading here for a while. I'll first introduce myself. I am 36 years old, my wife is 38. We both work full time, no kids yet, and live in NV. With our income, we are able ...
Dominique Mickles
Having Cash In Bank
Is it true that if I want to buy a house with cash it must be in a bank account for 2 months before I can purchase the home? (I was told saving it in my mattress won’t do me any good)
Ev Senter
A lender just refused to lend after spending all my $24K deposit.
Do commercial lenders have any requirement to protect the interest of their clientele? With residential and up to 4 units the lender would certainly check out your credit and financial condition before asking for a lo...
Quinn Sjoblom
Financing owner build
Hi, I'm looking for advice on the best direction I should go in with my current situation. I'm 33 years old, and recently married. Right now I'm paying 800 dollars in rent. For the last 10 years, I have also been help...
Account Closed
Where to put profits from my home sale?
We will have a few hundred thousand dollars to invest after our home sale. Not only do I want to avoid paying taxes on that money, but we want to invest it as well. Initially, we would need access to approximately $50...
Wala Habiby
Roth ira, 401k vs Real Estate
Good evening,
I have been dealing with Real Estate for over 10 years and personally investing for over 5 years. I have grew my portfolio tremendously in the past few years with a $1,000,000 in equity BUT I have been...
Samuel DeMass
National Lenders - The Unicorn in the room or is it?
Hey BP,I'm gathering financing options for my first MFH (6 or 7 plex) purchase.I've used both conventional and portfolio lending up till now, and feel comforable with it. However, I heard Jeff Greenburg mention that ...
Jason Faucher
Tax Sales in the Tampa Bay Area, Florida
Hey everyone. I lost my dad almost 2 years ago and my mother has never worked. When he passed she received 100K in life insurance money. She isn't real interested in doing flips so I mentioned to her about getting int...
Mark B
Thinking To Refi My Owner-financed Office Building, Need Advice
I'm in new territory here. Would love some advice on my next move. Here's the stats:
I purchased a $300,000 office building about 3 years ago with owner financing. The interest rate is fixed at 7% and has a call i...