So I just went and talked to a person about a potential house to buy. We met at the house, he shows me around, we are talking and I’m building rapport. The house needed some work and it wasn’t too much work. Then we s...

Property value after repairs $350,000-$360,000Estimated repairs ($20,000-$30,000) Balance of 1st mtg (Everbank) ($271,985) Balance of 2nd mtg (HUD) ($ 24,482)Cost to cure loans-est ($13,000)Est equity $10,533-$3...

Hi everyone,My name is Steven Weiss. My family and I live in San Francisco. I work at Stanford U. as an educational researcher, and I also have my own educational consultancy.Starting about five years ago, my wife and...

Hi guys! I’m 21 & am making 75K + 2-3K(ish) per month in commission. I have about $35K saved up & would ideally like to use maybe 20K on my first investment property. My credit score is something like 730 as w...

Hello BP Members!I feel like I've finally found a (metaphorical) home! But before I get into all that I'll start with a quick intro. ;)My name Sam Valme (pronounced "val"-"may", Haitian decent). I am a software engine...

Hello, BP! Over the past few months, many investors, bankers, and realtors have asked me about the process I underwent when a fire destroyed a duplex. Hopefully, this post will help you be less stressed and be able to...

Long story short. Found a great deal. Found a private lender to provide the 20% down to purchase the property. In the process of getting qualified for a conventional loan, was told I was unable to use a “gift” of ...

Hi everybody, I had a few questions for all landlords who received lead letters from other investors (yellow letters).

How many investors contact you per month?

Are you a local or out-of-state investor?

Do you inve...

I’m looking to achieve my first BRRRR this year.In order to do so I will be buying the home with 25% down using my own cash and using private money and opening up credit cards to help with the rehab.The credit cards a...

Twenty years ago, I converted my primary residence into a rental property.  From what I have read, by moving back to the rental, I can only exclude the proportion of time I lived there-ten years of the last 30 years ,...