Maria Vogel
Need advice: House deal
I just sold a house and I want to do a flip to increase my cashflow so I can get into multi-family. I made about $40K on the sale of the home. Background on the market: Most houses here under $200k on the MLS are unde...
Jozef Forgac
Do I need to list prior to ask for short sale?
I'm buying SFR in pre foreclosure and asking the lender(s) for short sale.The owner selling as FSBO to me. Lender on 1st.(Chase) wants the owner list the property with RE Agent even the owner has an offer on it from ...
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rehab vs flipping
I am not clear as to the difference between rehabbing and house and flipping one. Could it be that when you flip it is for quick profit and you would do a 1031 vs rehabbing which you would live in it and hold on to a ...
Account Closed
Renting to a Mexican citizen living in the US
I have a very nice couple with three well behaved kids that wants to rent one of my homes. The problem for me is trying to verify if they are good tenants or not. I asked for the standard copies of each of the couples...
Michael B.
Help Me Understand Foreclosures (Example Included)
Hi BP. Not too long ago, I took an opportunity to learn a bit about foreclosures. The information sounded interesting at the time, but now that I think about it, I'm having trouble making it make sense.So, say you obt...
Account Closed
My plan to become a Real Estate Developer - what's your take?
Hello BP members,I am currently 19 years of age, and I will be 20 in October. I have been fascinated with the creativity of RE development ever since I was about 17, and from that point until now, I have done a lot ex...
Laura Smith
LLC? Tax advantages? Write offs?
So I understand that having an LLC is beneficial but I have no idea where to start learning about the benefits and how it works. Any suggestions on business finance books or online classes (preferably free) so I can s...
Carlos Flores
Fed bames investors for housing bubble. Thoughts?
What do you think about the following AP story from The Register-Guard, Eugene, Oregon, USA?
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Federal report says home-flipping drove the housing bubble
By Cristina Silva
The Associated Press
Publis...
Vijaianand Thirunageswaram
First Time closed 2 Owner Finance deals same day - WE LIKE IT!!
How you doing folks? Jan is already gone and only 11 months more on this year... Wow, time is flying fast...Anyway, I was just excited to share that last month, last day we closed two owner financing deals back to b...
Ashly Doran
Travel Nurse Having Difficult Time Finding Lender
As you can see from the title, I am a travel nurse who just spoke with a lender and I am feeling so defeated. Right now I am based in Aberdeen, WA and am extremely motivated to purchase my first property, specifically...