I purchased a 3 family property at sheriff's auction and the property is occupied by the owners and possibly by tenants as well. I am looking for best way to approach the owner so they can voluntarily leave/move and c...
I'm calculating costs on a potential deal and got a loan estimate from a conventional lender. It seems the buying costs are way excessive to me. What do you think?loan amount: 80000Origination charges:3pct points: 2...
Hello,
Just looking for a little advice. I have an REO that I am considering making an offer on. I feel confident about the numbers, but I wanted some advice on using a 0% APR CC Balance Transfer to float t...
I know many people believe it is very important to have a mentor when you start the business. My question is, is it smart to pay for one? I have seen a few people who believe each way but I thought it would be best to...
I was wondering if any local investor that knows the brownstown/Woodhaven area could help me determine what kind of rent i might be able to fetch for this one...This is a newer construction home, built in 2004, in Br...
Hi All!I've been a silent BP podcast listener and forum reader for the longest time - finally decided to pull the trigger when I qualified for a loan for my first SFR investment property earlier this week.I'm a 26-yea...
Dear fellow BP members,I am a newbie in NJ/NYC area just starting out in REI(buy & hold). I am a software engineer in my day job. My field, contrary to popular belief, drains out the life out of people, so I am se...
Is it possible to begin a successful, part-time wholesaling business with little or no money? Say, for $500.00 or less. I'm currently out of work, and though I expect that to change soon, I will spend at least a coupl...
Hello guys,After lurking around the forum for a while, I finally signed up. This is my first post!So many knowledgeable and helpful people post here. I've learned a lot just by reading (and reading, and reading...)I w...
Hello fellow investors!I am looking at investing not necessarily in my home state.Based on the cost of taxes and insurance here are the top 10 most affordable states and worst 5 based on a quick research on the Intern...