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BP Community,First I just wanted to say how grateful I am to have found this community. Without all of you, I would not have had the courage to build connections and pull the trigger on my first investment property. ...
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If I sell my apartment and live in a rented apartment while looking for a house to buy and flip, should I rent out my apartment in the meantime?I mean, would it be a problem, showing potential buyers the apartment whi...
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So I quit my job on January 29 and I’m Taking real estate seriously, my primary method of investing is Wholesaling On-Market Properties.I have a really tight budget and I rather not spend money On marketing starting u...
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Can their be legal recourse against a lender who preapproves a loan and then later deny the loan after I have entered into a ratified contract?I am finally in the process of purchasing my first real investment propert...
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Just a little bit of the backstory… I work for a pest control company in Jacksonville Florida and we were called in to take care of a rodent infestation at a customers house whom his father had just passed away. The ...
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Hello,I have heard of several ways to use my personal 401(k) for creative financing. I'm thinking of transferring my previous employer 401(k)(quit my W2 job last month) to a Self Directed IRA to use these funds to Fix...
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In this seller's market, I see a great number of distressed properties going for auction rather than a straight sale. I suspect people will likely bid them up higher than they're worth, especially considering repairs ...
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The highest and best offer game. So we made an offer on a property. They took several days and then sent out an email that there were multiple offers and please submit our highest and best. We have seen that game seve...
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Hi all, I am a new investor, no deals done. I’m looking at a multi family in Phoenix Arizona area. 2 units come vacant, 2 with month to month tenants. I want the property vacant so I can fix up all units and charge mo...
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Looking for feedback on the possible deal below.This property is in a B to B+ Neighborhood.13 Unit $490,000 (loan would be 5.5%, 10 Yr, 25 Yr amortization w/20% down)9- 2 Bdr and 4 1-Bdr (2 bd apts range from $700-750...