In a recent article, @Scott Trench discussed the advantages of a 30 year note over 15 year (or lower than 30 in general). While I agree with most of what's there, I'd like to discuss a case where to me at least, it se...

My colleague, who is also a real estate agent called me up to assess a property that another investor wants to wholesale to us. Here is the scenario. The investors that want to wholesale the deal to us are asking 79K....

So my 2015 (the year we started rehabbing properties full time) was audited. I made the mistake of not using a CPA and she messed up my tax return huge. Long story short I got a $14k refund. During the first quarter o...

Greetings All,

I'm a novice here trying to tap this fountain of knowledge so thanks for indulging.

When studying up on REO, (pre) Foreclosures, notes, etc, I keep seeing the phrase "...on the Courthouse Steps." Can ...

Hey guys, I'm a newbie looking for some advice. I'm looking to do a BRRR back in Kansas and I came across a deal where the owner is offering owner financing. I know for the most part people love owner financing but in...

Greetings, BP community.

It’s time to get serious. My wife and I have been saving capital for the last few years, wondering what we should do with it to make it grow. Our short term goal is to purchase a 4-...

Hey BP,Long post, thanks in advance to whoever sticks it out and reads it through!  If you don't want to read all the details.  Skip to the bottom for the TL:DR! Background info- 1.Fiancé and I want to build wealth th...

Can a lender (CU) who has a second mortgage on a property, which is going to foreclosure, sue the homeowner for the amount owed?

The first lender is foreclosing on the house.
Thanks

Somewhat hypothetical question. If you had $250k to start with. Could you turn that into $5k+ a month? How (generally or specifically) would you do it? Thanks!

From this groups experience, what sort of "gut checks" do I need to make to make sure I will qualify for debt on my first Apartment Acquisition? I am working with a partner but we are in our late 20s, loan sizes are p...