Hey everyone,I'm considering bidding on a foreclosure at an auction property- but it's a second mortgage, which means I would still need to pay off the 1st mortgage if I win.  But... I can't seem to find out the bala...

Well it happened to me this week..  its a long drawn out story.. but here goes.I sell a OREO on a land contract..  the buyer sells to another buyer on land contract.. This new buyer it appears wanted to make sure my b...

Been doing a lot of research and prep work and feeling ready to start putting offers. Few questions still.1. If I use a HELOC or HELOAN from my primary residence to buy a rental, will the mortgage interest be able to ...

Okay, I'm tired of hearing how easy it is to BRRRR.  And the numbers people (eh hem, Brandon) are not realistic IMHO.  One example Brandon gives is $200k purchase, $40K fix, $10k soft costs,  $350K ARV.  First off, fi...

Do you have a college degree? If so, in what field?
Has that helped you in your real estate investing? Or do you think you could have done with out it?
I am a firm believer that our path in life has lead us where we...

The past few weeks have left me very pessimistic. I'm feeling that the good times are very likely winding down for finding good deals in Chicago. Seems that lots of properties are overpriced and good deals are wrapped...

Hello BP community,My husband and I have equity in our home and our rental. We want to expand our portfolio with hopes to be financially free. My husband does not like the idea of getting a HELOC for he thinks it is t...

If you made it this far, then I already owe you thanks for taking the time to read my post. I've been working on this business plan for about a week now. The process has helped me tremendously. I have so much to le...

I'm always trying to learn more and network more here in Rochester NY. I decided to go check out a tax foreclosure that could be worth while. I've been to quite a number of these, but have only purchased a few. ...