Bob Beach
Seller Financing. Good idea?
We're selling a few houses in Memphis, and we have interest (letter of intent), on one house that's requesting, "Seller Finance". They're offering a few thousand more than asking and will also pay agent fees. Our agen...
Luke H.
Owner Financing Empty Lots
Happy New Year to all reading this!I am considering purchasing empty lots priced roughly $10-15K below market value.My plan is to offer owner financing for the land.These lots have water, drainage, and electric connec...
Jaron Walling
I'm 33 and don't want to go to work
I’m 33 and a millennial, I want to be a full time real estate investor one day (residential real estate). When I turn 34 I wanna get my real estate license so I can learn more and find deals. What do you guys think?
Scott Trench
In Your Market, Does Real Estate Beat the Stock Market Over the Long Term?
I was asking myself this question the other day:If I was an average person investing in a random town in a random part of the United States, would I be better off investing in Real Estate, or the Stock Market?Turns ou...
Daniel P Willis
How does the Cap Rate Work
So I have a single family home and a trailer that I rent out and my wife and I are looking at purchasing a triplex or quad. How does the Cap Rate work and at what time does that become relevant? I always try to learn ...
Anna Shaver
Financial Plan to $100K yr income
This is uncharted territory for me. Am I on the right track?Goal: Generate $100k a year net income from rental real estate.Background: Currently own a few SFH’s and a condo from early 90’sI have long term W2 income,...
Alec Hilliard
1st Lien HELOC On Investment Properties?
Does anyone know if it's possible to get a 1st Lien HELOC on investment properties? If so, what banks/lenders will do this? Any lenders have insight into this?
Chris Mason
Coronavirus Mortgage Meltdown Articles
This is probably the best article I've seen so far on what is going on in the mortgage marketplace.
The Coronavirus Meltdown
The current Coronavirus crisis is having a critical impact on the Mortgage Industry, whic...
Aaron Phillips
I can't leave Square 1 ! Minimal Capital & Low Credit
Hey BP,It's me again and there is so many questions I have that I know I could probably find here on the BP forums, but I find myself in the same rut. Money & Credit. I myself come from a very poverty stricken are...
Account Closed
Lost my job today...
Well. I lost my job today. Nope, I didn't quit. I was laid off. I was working for a company called Gulfstream. They had to lay off 1,100 employees, and I was one of the unlucky chosen. So... What to do now?I really wa...