Dave Madoch
Advice? Leverage my equity to buy 2 MFs?
Hello BPI am trying to get started buying multifamily properties in Chicago surrounding areas. My wife and I have no problem house hacking but ideally, wait one year for personal reasons to go that route. We have a SF...
Account Closed
Should we cash out our 401k and leave the stock market?
Hello,
I’m looking for feedback from anyone who has ever cashed out a 401k early to lock in that first deal or deals. My wife and I have around 100k in our 401k accounts and I’m considering pulling it out and takin...
Sean Bell
No money or job, multifamily deal still possible?
I just moved to a new city {staying with family} about a month ago because my old city had a truly awful economy. I still haven't picked up a job yet but I have made the decision to invest in real estate. My plan is t...
Jose Reyes
SEEKING INVESTOR INSIGHT
Looking for investing advice from anyone who has been an investor or has dealt with an investor before.My goal is to be more informed on how to approach investors and how to locate investors. From my experience so far...
Vikram C.
Foreclosure auction - risk reduction
When buying at a foreclosure auction, I have several risks and most of them are controllable. I can figure out the ARV with some degree of accuracy, I can check for title, senior liens, etc.
The big worry for me is ...
Josh Norris
Lending to property owners in tax foreclosure
Is anyone lending money to home owners that are about to lose their home to tax foreclosure and using the property as collateral should they not pay it back? Is this legal in respect to the safe act? I currently mar...
Rachel Meyers
How do I do my first deal with a wholesaler?
I am just starting in real estate investing and found a decent deal with a wholesaler. On this deal, there was a $5K nonrefundable earnest money deposit and of course the house was being sold 'as is' - and the buyer ...
Simon Stahl
At what point does a Hubzu offer become binding?
Hione of my Hubzu bids just got approved. First, they want me to complete a contact information form within 24 hours. After that I am supposed to get the "PSA and associated documents" (not sure what exactly that is)....
Matias Escobar
Rehab not closing due to Financing - Help with Rent to Own
BP Investors,I am a flipper and have a house in Cape Coral FL under contract until day of closing that didn't close. The deal was subject to the buyer selling their property and the buyer for that property didn't get ...
Dawn Anastasi
$0 Security Deposit
I routinely browse Craigslist ads for other rentals being offered in order to stay on top of what other landlords are offering in my market.
I have seen some landlords advertising $0 security deposit. I'm baffled as...