Jabari Brooks
It's been one heck of a ride thus far!
It has been a while since I've posted. Here is what has been going on behind the scenes. Started a refi on my personal residence with a cash out option back in April. This was going to do 2 things for me; 1st get m...
Morris Lucas
Possible buy and hold deal in Baltimore?
Hello everyone. I got a deal that came back from direct mail that i am considering **may** be a good first rental property.Split-level apartment condo, 2 bed, 1 bath on each floor, each unit generates roughly $800 ren...
Vernon Henry
Is there a way out???
Underwater on a duplex in a depressed so. Cal area. Currently worth about 90k (and dropping). Owe 130K. Barely breaks even because market won't allow raise in rents. Appreciation is, of course, a distant pipe dream ri...
Daniel Hart
I lent money, foreclosed on property, am reselling, what is my gain?
I lent $30,000 from my LLC on a property. I then later lent $15000 in 2nd position from my IRA on the same property. I had to foreclose, and choose to foreclose with the LLC. The 30k plus back payments added up to ...
Christine O'Meara
Newbie Grandma from Montreal
Hello!Finally introducing myself after 6 months of learning with the BP Community. What a GREAT place to learn! and man, some of you are SOOO young! LOVE the energy!Perhaps I can show you what a 62 year old grandmothe...
Ana Hyler
rent payment - What have you been offered for it?
We have several SFH's rentals and now we started renovating/managing a 12-plex we just purchased. One of the tenants got the 3 day notice after a month and a half of promising to pay rent. Well...the 3rd day was up on...
Dana Regan
loan as a private company
I have been a landlord for a few years, but as a side job. As such, getting refinance loans was no problem because of my full time employment. I am now a consultant, and because I don't have a full year with proven i...
Mark Campo
Financing For New House While Renting Current Home
If we wanted to buy another home so that we can rent the home we are living in, how would we go about financing a new house? Is there no chance a bank would do a mortgage on a new home we wanted to occupy and if so w...
Brian Braeutigam
Can I find a win-win in this?
Can you please help me decide if I can help these people and possibly myself at the same time?
The back story:
An elderly member of my fiancé's family has a nice piece of property here in Anchorage that...
Mike Landry
Delaying a foreclosure in texas
First off. I am not interested in doing anything illegal. I have an owner scheduled to be foreclosed jan 5, 2016. They just contacted me today dec 27th. I'm working on the details but the payoff is about 75% arv. I a...