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I have a niece who has been thinking about buying a place but is reluctant to pull the trigger. Meanwhile, I'm interested in getting into real estate investing and am low debt, high income, but cash light outside of e...
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Hey, BP! My wife and I have closed on our first ever property, investment or otherwise. We bought it through a hard money lender at 1%/month and 10% down. What I am now trying to do is refinance it so I can have my...
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When I help new investors with buying their first property I often want to know what is holding them back from pulling the trigger.So I'll ask here. What is holding you back?
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WIth 100K cash and 6 months to focus on success, what aspect of real estate would you choose to concentrate on and what would be your game plan for building wealth?
The money in question is my savings and I have sepa...
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We're buying a 4-plex for $116,500 for cash (ARV is $300,000-$325,000) with plans to repair and update it over the next 2-3 months. We're then going to hold it as a rental and use a modified BRRR strategy to buy anoth...
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Last month I signed a tenant who said he loved the house, but two days into it he said he had to back out because his boss cut his hours. We soon got another prospective tenant who contacted me several times by e-...
Just started listening to BP a few weeks ago! And boy, these topics would of been extremely helpful last year when I bought my first triplex in a great part of town. BP would of saved me a lot of newbie mistakes!!! An...
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I have a wholesale deal with my Aunt but she owes $7000 in back taxes on the home. The home is paid off and I wanted to know how should I let the buyer know that she owe taxes. Should I deduct the $7000 out of the sel...
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I was inactive for quite a while, but now I'm back. I'm interested in ways to finance rental property in the central Indiana area. Any tips on small business loans? I'd like to meet more real estate investors in the c...
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Hi all. Here's my situation. I did a private loan as a JVA with a rehabber who used a hard money loan for the primary funds and my loan for the remainder and rehab costs. Only the hard money lender has a mortgage on...