Chris McMonagle
Seller-Financing Terms - Questions to ask?
I'm considering a purchase of 3 properties, with one caveat being they need to be seller-financed for at least 5 years. The current owner is retiring and wants consistent income until he hits the age when he can accep...
Matthew Hall
Sub2 sale when mortgage has been discharged in BK?
If a seller's mortgage has been discharged via CH7 BK and they sell the home subject to existing financing and sign the title over to the buyer, how would this be viewed by underwriters when they try to get a new loan...
Account Closed
Are investors keeping prices down?
We all stress when we flip properties to buy as low as possible, do the work right, and then price 10% (or whatever your prefer) under the competition on the market. If investors continue to do this, we will be under...
Elias Ordenana
Investing on a refinance
Hello all ,
I'm not sure if I posted in the right area. But I'm looking to invest. I have a partner that needs to refi their investments rental which they owe approx 90k. They are in a ARM loan which now they are in n...
Vance Payne
Accounting for House Hack
Hello!My wife and I just got our house hack up and running. We are currently renting out our basement on AirBnB. Does anyone know a good accountant that can help us make sure we have everything in order? I am not sure...
Jacob Swenson
Getting Funding as a College Student
Hello BP Community,I am looking for creative investment ideas to get funding. Currently, I am a student that is using the GI Bill from my time in the military to pay my for school and living expenses. Plus, I am worki...
Anton Rachitskiy
Getting cash from the house with low cash reserves
Hi,I'm trying to extract cash from the house in Cleveland, OH (valued at $330k, if I can get at 75% that would be great). The house is currently used as AirBnB and has no financing on it. However I was denied by conve...
Nathan Coldsmith
23 years old,home paid off, what would you do?
My wife co-own a 10 housing unit and 8 storage unit portfolio. The goal is for the properties to pay themselves off with positive cash flow in time so each partner has 3k in passive income. Each partner equally contri...
Kurt Heinold
First post: BRRRR Possible When In First Year of REI Full-Time?
Hi Everyone! Excited to be making my first post here...I left my full-time job earlier this year and am doing REI full-time. I'm starting with flipping for cash flow and because I didn't think I could get a mortgage...
Shawn Bell
Always growing my portfolio!
Investment Info:
Townhouse buy & hold investment.
Purchase price: $20,000
Cash invested: $15,000
Currently own, and remodel holding for rental income!
What made you interested in investi...