We are looking to purchase a duplex from an absentee owner who acquired the place 13 years ago for $175,000. He is willing to sell it now for $250,000, but he has a $150,000 mortgage on the place. We almost lost the d...
I read some great historical posts on this topic but wanted to see if I could gain any insights in todays market as there has been a continued run up ( generally speaking....)Do you regularly evaluate your RE investme...
Hi all! I've been reading a ton and learning a lot from you all, too, but there's a part I'm stuck on, and I'm wondering if you all have solved the problem in creative ways (or maybe I'm just missing something!). The ...
Hey BP,
My wife and I primarily buy property subject to the existing finance, while based in the Denver metro area, we buy all over the US especially in South Carolina, North Carolina, Texas, Georgia and Florida to n...
Hello All, I am currently renting a 3br 1bath SFH (my grandmother owns the property) and I mentioned my plans to save 10k this year to purchase a rental property and move out shortly after. I was told if I move she'd...
Hello BP and members,I believe every investor should create a strategy that works best for them. I also believe that you should not try to reinvent the wheel. I have been talking with a few people about a good strateg...
Hi everyone this is my first post hopefully in the right forum!I am looking to purchase my first rental for a buy and rent long term strategy.Rundown as follows:-It is a foreclosed condo in an HOA that allows rentals....
Hi y'all!I have a quick question on an issue that came up when reaching out to local banks/credit unions when discussing their ReFi options.I've contacted 8 local banks and credit unions and the issue is that they wil...
We have put up our house for rental after staying in it for one year, and onto the next.
1-Can you have an LLC as a landlord and for it to receive rents, sign leases, etc, even though I am the mortgage borrower?2-If ...
Hi all. I'm looking at syndication opportunities, and it just doesn't seem worth it. For a minimum investment of $25k, I can get an IRR after sale of nearly 20% in 7 years. That's about $5k. I would also get a sha...