Hey BP Community!I work in Philadelphia and Delaware County as a Licensed agent that specializes in wholesale for REI opportunities. As I have been reaching out to potential investors and doing the cold call grind (li...
So here is my $64,000 story:December 2013 my phone rang, it was a former co-worker who had fallen on hard times. He called me and asked, “are you still buying houses”? I told him yes I was, if the circumstances were r...
I have a rehab property that was close to completion when a cash buyer walked up to the property with offer and a bank statement in hand showing he had the funds to purchase. My business partner and I decided to accep...
I was interested to hear what others might be doing in securing non-bank financing. We all have a circle of potential lenders/acquaintances that we could tap, without the hassle (or outright impossibility) of dealing...
Hey Guys I was on another forum and Tim Gordon posted something that really struck me. He said " At this stage of the market, those who can't succeed teach." This is something that I wholeheartedly agree with and some...
My STR market has appreciated significantly due to Covid and I am trying to evaluate the best way to move forward. I bought a STR in January 2020 for $170k. Since Covid, the area has exploded in STR rentals and home v...
I think fear is what keeps many people from starting. I'm in the process of creating a guide to help people better overcome their fears. Below are what I think are the most common fears.
Don’t know where to start...
Quick question:
How far in advance should I seek a pre- approval or 'get qualified' for a mortgage loan to purchase a home?
It seems that I have had to pass up at least 2 realtors now because after our first convers...
I've got two homes I'm eyeing. Both built in 2005. Location the same. One's 1900 sq ft home selling for 190k. Will definitely rent out for $1500 a month. Another is 2950 sq ft home selling for 220k. Will definitely re...