Duriel Taylor
Lines of Credit to fix-n-flip (2016)
Hello BP Family,Happy Sunday and I hope all is well. What would be your advice to someone that is interested in using lines of credit to start a fix-n-flip business? Here is my mindset on how the LOC process starts, h...
Trent M.
Refinance rental property for stocks
Hey guys, first post here. Today I was speaking with a friend about maximizing cash flow on my rental properties and he came up with a BRRR method minus the last R and I thought it seemed like a good idea.I currently ...
Nathan Weber
Getting burned on BP?
Hi,Firstly I'd like to thank the whole BP community for making a place with such great resources for RE rookies and vets.But I have been wondering, has anyone gotten burned by another forum member? Obviously I wouldn'...
Douglas Larson
Can a delinquent owner buy their own home at a courthouse auction?
In other words, will the trustee allow or can they forbid the delinquent owner from paying cash for their own property at the courthouse steps?
Shahriar K.
foreigner partnering with a US citizen
Hi Everyone
I wanted to run this idea by the BP experts that someone gave me. If me a canadian citizen partner with a family member who is a US citizen to buy rental properties, I am providing all the funding and...
George P.
Buyer's closing cost not disclosed to the seller (seller subsidy)
Is there a law that specifically prohibits the closing company not to disclose the buyer's itemized closing costs ? We are contributing a rather large sum to the buyer's closing (10k), and would naturally want to see ...
Jason Chen
Insane 20 room motel deal
I have an interesting success story to share.A number of years ago, I posted about a 20 room motel in Central Florida that was a bank foreclosure listed for sale for $160,000. I ended up winning the property for $180,...
Caleb Rigby
My first flip - ghetto house to best house within blocks
I learned so many lessons on my first flip. I bought this house in July 2016 from a wholesaler in Ogden, Utah. I wanted to share some of the most valuable lessons in case they helped someone else out in their real est...
Jay Hinrichs
Why and or what are investors fears to take action
I made a post on market place that I thought when I woke up today I would be inundated with Reponses.. and I can only ascertain there must be some fear or some type of lingering doubt in those that say hey want to get...
Mike Franco
$1m equity, excellent credit, no income. What loans can I get?
I have a $1m house paid off. 830 FICO.
If I cash out refi, I can easily get a loan for $300k to buy a fixer.
After spending $50k out of pocket to repair, ARV is $500k. I want to further leverage the increased equity...