I heard local banks will use your equity in existing properties as a down payment for an acquisition by placing a lien on that property. In the past I have taken out a HELOC, used that as the down payment for the n...
Hello!So I've got a bit of a pickle here and I'm hoping some of the BP experts out there might be able to provide some help or clarifications.I'm under contract to purchases a multi-use building. There are 4 apartmen...
I am buying a rental property with my solo 401k. However this will use most of my funds. Has anyone here purchased property with their solo 401k? My question is: after purchasing the property and renting it out can my...
I'm looking at a building and the seller is offering financing of a portion of the deal. he's listed it at 2.1M. After running numbers on it and padding them to what I feel would be a real world number I'm coming to a...
Hello all, I am still relatively new. Still a bit confused on these different strategies I continue to hear about. Unless its the different niches that I know of that have run me off the road constantly. I am determin...
I've stayed away from short sales as long as I possibly could, but now a family friend is in the unfortunate position of having to short sale or face foreclosure...and all of a sudden I am now forced to be a short sal...
I am curious to see what other landlords track every month. They say what you measure get results.Our business aggressively tracks the following things:1. Portfolios Pro Forma Rent - our main goal is to increase our ...
Hey BPer'sI am trying to find a good form to collect a deposit to hold the property for a rental. Does anyone have a good agreement form they would like to share? Thanks in advance
Listened to tons of podcasts and read a few books and I’m beginning to lose my damn mind. I’m hearing all these stories of people quitting their jobs, zero money down deals and people barely able to walk because they’...
Hi all,I was wondering if you guys have any suggested resource to learn about pre-foreclosure auctions.I can find the auction properties, time, and location of the auction, yet I am missing important financial informa...