Account Closed
Mortgages: personal v invested homes. When to pay them off?
Afternoon everyone!In my old highschool, our personal finance class revolved around a curriculum from Dave Ramsey, who bad mouthed mortgages and everything. Is there a difference between having mortgages for your pers...
Sherrie P.
Quit Deed, good idea or not??
Here is the situation.
Neighbor dies and there is an existing mortgage on his property. He has no assets so the bank begins foreclosure. A year or so before the owner dies, his daughter moved in to take car...
Shawn Torsitano
Sometimes It's Right Under Your Nose - Flip Analysis Help
Hello Everyone!I moved into a new area a few months ago, into a standard little neighborhood for my area. Whole bunch of 3/2, ~1,400 sqft houses, built in 1977/1978. Today, while the wife and I were doing misc. work o...
Eric Duran
How to get financing
I am currently trying to learn how this game works. I have, in the past excelled at anything that I set my mind to. I have found that investing in real estate would be a lot easier and safer than fighting in a cage. W...
Krysten Simmons
Bankruptcy in progress am I a lost cause?
How often does a person in my situation get assisted with buying their first property through a lender?
Jim Murphy
Credit Woes
Lat year while my divorce was ongoing , there were several credit cards that we fought over, who should pay what etc etc this resulted in 2 credit cards going late for an extended period. Also during that time we had...
Drew Burgo
partnerships- one guy money other contractor!!!!
as of now i am a partner in a plumbing company with my father. after working for investors on the plumbing and light remodel end i want to venture into the house flipping end. So here is my question, keep and mind i l...
Erich Wolff
How to handle finances and bookkeeping w/ a growing STR business
My wife and I are under contract for our second STR and I'm wondering how to handle the financials and bookkeeping as we go forward here (and hopefully continue to grow). We currently have an LLC, a business cc and b...
Matthew Rembish
Houses in Flood Zones
I have a 70 foot wide lot in Toms River with 2 HOUSES ON IT...and it's on the water and in a flood zone. Would it make sense to look into buying it and renting both out? I've heard that houses in flood zones need to b...
Catherine Javier
Portfolio lender, Conventional loan
I am new to BP and trying to dive into Real Estate. This will be our first Rental hopefully!
My spouse and I offered on a Duplex that we think would cashflow (based on the computations used in BP).
We both just star...