Alex Hamilton
Pending Foreclosure on a Sale Subject to my Owner Finance
Failed to collect Property Insurance and Property Tax on my promissory Note now buyer refusing to pay $15,000 delinquency on mortgage that is $709 per month @ 4% with $93,000 balance now pending foreclosure. Any sugg...
Account Closed
Buying second Property After First FHA Duplex
Hi Everyone,
I bought a Duplex six months ago using my tax return. I am looking towards buying my second property this year using my tax return.
I am unsure if i should use a hard money lender and do a flip then g...
Mikel Graham
What did I do wrong? Comps vs. Appraisal
Hello Everyone,
I'm working on trying to close my first deal in wholesaling. I've managed to get a REO property under contract. I used the comps that my real estate agent provided to me in a CMA to calculate the AR...
Jason Logston
Borrowing against retired parents home
My parents are going to leave their house to my brother and me. We would like, and they are on board, to refinance their home and invest into a rental property. With the house in my parents name and then being retired...
Matt Cecil
Buying first house - Minneapolis Area
My fiance and I are starting to take our first steps in buying a home (non-investment). We know we want to invest in rental properties down the road and want to start with our first house we buy. Our goal is to put so...
Erick T.
Should I sell or hold? Advice needed
Hello,I own 2 SFH that were purchased less than a year ago. Both were BRRRR investments.I currently have a $95K debt in my Heloc and it costs me $500 a month in interest. MY GOAL: PAY THAT BAD DEBT OFF BY THE END OF T...
George M.
Another Rent vs. Sell Scenario: One Marshmallow now? Or Many Marshmallows later?
Hi BP,New to the forums here, tho I've listened to a couple podcasts and am anxious to get started. My wife and I currently live in a SFH that we bought in 2010 and are planning to move out soon to a different proper...
Andrew Delgado
What would you do in this situation?
Hello BP community! My name is Andrew and I currently live in Colorado Springs CO. My wife and I bought our first home in Oct 2019 and have about 120k in equity. We want to sell our current home, buy a small multifami...
N/A N/A
Worst case senario
My retired father put a contract on an Epcon Community in NC last May 2006. Contract was for $193,000 + upgrades. Compeletion Dec 2006 or Jan 2007. Condo still not complete. In the meantime the price of this particua...
Gregory Solomon
Rentals with equity
I have 2 single family rentals. Property A has 3br/2b. 1100sqf. I brought the property in 2009 for 103k , I owe 79k. The homes in that area are going for 200k+ for new construction homes. The rent is $1200 per month ...