Hello BP community and for those who already made it :-) :-) (Baby boomers & Gen X)
when I was in school some one once said to me, to be financially free you need to have five sources of Incomes - at that time I ...

A seller finance note:
Property buying price: 315k;
Down:100k;
Financed amount:215k;
Term:15 yrs;
Terms remaining 14 yrs and 5 months; (174 payments)
Interest Rate:5.75%
Monthly payment: $1748

Note asking price 200k
...

I want to start by first mentioning that I'm from the Chicagoland area. And the tenet I'm about to talk about has been a nice quiet tenet for as long as I have known them, so this surprises me. She complained about du...

I read a lot about hiring a contractor.  Has anyone ever calculated how much they saved by not using contractors and did most of the rehab work themselves? Or the real question is what percent of costs is going to con...

I found Real Wealth Network back in 2018 and became a member.  Then went to an event of theirs in Orlando FL and was introduced to Strategy Properties.  The high ROI is very attractive and with them advertising these ...

Hello, I'm looking to recruit investors in a house flip, similar to a crowdfunding scenario.  So my question is whether there is any tax liability to those investors.Assume one particular investor gives me (or my LLC)...

I'm a real estate broker in Tucson, Az and I've been trying to buy my first flip home for the last 6 months or so and I keep getting outbid.  I have studied flip books and repair costs etc, so I think my repair estima...

Hello BP,

When it comes to Seller/Owner Financing how does this work when the seller/ owner still have a mortgage on the property? Do they pay the mortgage via your payments, Do you make the payments to the lender....

I'm looking for advice on whether if it's worth it to invest on a triplex with all 3 units delinquent for over a year and owe more that $30K to the current owner. And if I go on with the purchase, how hard will it be ...

My company's 401k will allow me to take loans of up to 50% of my balance.  I believe the rate would be around 5% and all the interest goes back into my 401k.  On the other hand a hard money lender collects the interes...