David Spangenthal
First Timer- Bergen County NJ - Seeking Out of State SF or 2-4MF
I'm a new investor. Like so many others, I've read loads of books (Including Bigger Pockets, of course), read tons of blogs and listened to heaps of podcasts. The final hurdle has been accomplished: My wife is now on ...
Andy Mirza
Crazy coincidence, right?
We foreclosed on a SFR last week in Memphis, Tennessee. My partner runs an asset management company that handles our REOs as well as those for two other funds across the country. One of the first steps is to find a lo...
Mike Stahlman
First time buying from Wholesaler
Hello, we are buying a house from a wholesaler double close. This is the first time for us to do this from a wholesaler. They want a fast close 16 days. We're cash buyers and I have evaluated the house. Everything loo...
Jered Lafuze
Selling with owner financing help
Situation:
A friend is selling a house in Wilmington North Carolina. He has an offer but the buyer wants him do owner financing. She offered $25k down and wants him to carry the financing at 4%. Pay $1100 per month fo...
Austin Keelen
Deciveing the VA/Bank about primary residence?
We want to purchase a duplex with my VA loan, which requires you to move in 60 days after closing. Our problem is that both units are currently rented and the next lease to end is March 1st, putting us way past the 60...
Manju Shackett
My First Rental Property
Hi Everyone!This is going to be my first rental property. Any advice/ confirmation would be greatly appreciated!This is a two unit Multifamily house sale by owner. Asking for 145K, I will put 20% down and finance 1...
Josh Sisley
Live-In Flip Advice for a Newbie
Hey everyone,I am looking to purchase my first investment property and would like to purchase a live-in flip. As you all know, the market in this area is pretty hot right now and I am looking for advice from others wh...
Paul Schaefle
House Hack With Non-Conforming Garden Apartment
Your goals and story: I have a multifamily home under contract. I am planning to "house hack" by living in the basement unit. The property is only permitted for two units, but there are a total of three units. The bas...
Johnson H.
$196 Million Chapter 11 Bankruptcy Story
I see a lot of new investors on BP and I wanted to share this story of a very prominent investor, hard money lender, developer, well known in the community that filed for bankruptcy during the financial crisis. He was...
Gerald Harris
NCND and POF are these common to be asked up front?
So i am helping to sell a large apartment complex in Florida. The buyer is asking for financial information pertaining to the property (3 years rents, expenses, debts etc) is i common for the Seller to ask for NCN...