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I'll try to make this short, I'm about to venture into my first flip, property is $58000, rehab costs $50,000, arv $180,000. My liquid funds are extremely limited so finally I found a hard money lender that will fund ...
I've been looking hard at DC Fawcetts plan, Virtual Short Sale Investing. For $997.00 he does it all and you get paid. Has anyone else looked at this? He says I will set up a real estate partner locally and show up fo...
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My parents and my in-laws recently gave us $150k each. We don't really need their money so now we have $300k extra in cash. I'm thinking of investing for cash flow to supplement their monthly income. I plan to t...
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HI All,I have an issued. There is a house that has been 290 days on the market. This is a multi family 4 beds 2 bath and a a garage, lot size 1742 sqft and it is owned by a bank. The price is 205K. my exit estrategy ...
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Please list your REO situation: Who the Bank was, list price, the offers you submitted, any counters and finally the acceptance price.
My goal is to give all of our BP friends a leg up in approaching their next REO...
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Disclaimer, not edited. May be riddled with typos. After all of the other books that i’ve read, this is a great way to cap my months of reading and makes me feel like I have enough “research” to move forward. Enjoy. L...
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So I have a car loan with about 4 years left. The interest rate is at 24%. I have been building my credit up and I'm around 700 now but when I tried for a refi i was denied. Should I pay off my car loan first before I...
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I learned about Gobundance through a couple of the podcasts on BP. They also have a program for individuals with < 1 mil net worth called M1 or march to a million. I am considering joining at 300/ month. Here is w...
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I’m consistently asked if I am a “private” landlord, or whether or not I own the property. While I never volunteer the information, I don’t lie when asked. Why is it important to tenants to know if I own the place or ...
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Good evening and happy new year,I need input on something that seems too good to be true. I just got off the phone today with an investor-friendly real estate agent in another state (not NYS) who has a whole team behi...