Michael Crump
Advice for starting in Virginia
I'm looking for some advice on how to start my REI career in Northern Virginia and reading through all these options has my head spinning a little. Here's where I'm at and would appreciate any suggestions.
I'...
Mike Gerson
Tenant died of Covid, wife left unable to pay rent
I have a terrible situation. Pretty good tenants for 2 years. The husband died of covid. Wife was also hospitalized with covid but is back home now. She remains on oxygen and has nurses coming to help care for her...
David Chappell
Financing Strategy for a newbie!
Hi Everyone,I just secured my HELOC ($140k) and I am ready to start putting my money to work for me. I was hoping for some guidance from everyone on which is the better strategy, and maybe point out some things I may ...
Lesley J.
HML for Wholesaled Deal
I have not had any problems with HML's until I ran accross this.
The property has a formally appraised ARV of 170K, loan needed 55% of ARV (this includes all repairs). the HM...
Winston Spence
Finding Buyers For A HUD Home
I'm trying to figure out a way to find buyers to wholesale HUD homes to. I have been noticing buyers are going behind my back to get the properties themselves. I'm just curious as to how other BP investors are whol...
Jeffrey Yates
Bank rejected offer due to financing
*First post - exciting moment for me* Hello, BP! Thanks so much for all the information, already! Amazing community, now it's time for me to participate. Here's my situation:
I've found an REO property in ...
Justin Rodgers
Co-Wholesaling a HUD property
Is it possible/legal to co-wholesale a HUD property?
Let's say I win a bid on a property but don't have any buyers. Could I partner with another wholesaler who does have a buyers list and split the profits?
What i...
Regina Sloan
Pay off debt vs. purchase first property
Hi All, Besides our current home, which we are not interested in paying off, we have about $30K of debt, highest interest is 5% (2 cars and few thousand in student loan debt). We are bringing in much high income with ...
Quentin Johnson
Let's get creative - Deal Brainstorming
I was approached about getting in on a deal for a condo in Dallas County. The condo had an electrical fire about a year ago and the owner has been making mortgage payments and rent at their new place during that time....
Bob Martin
New Member from Arizona
I'm a retired accountant that has been interested in tax liens for over a dozen years. At one time I worked part time selling Arizona tax lien investment opportunities to small pension funds. This was when we could ge...