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Hey BP fam,Excuse my noviceness but I would love some of you folks that have more legwork to help me decide if this is a deal or a waste of time.Call from a direct mail1800 sq 4/2.5 bd/bth - $120k - $130k - Sold comp...
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In Florida, I know that both a mortgage and note are recorded by the Lender with the Clerk of the Court, but where/how are the points (origination fee) addressed? The notes that I've seen in court records only have t...
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Does anyone have any questions about how commercial loans work?
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Hey everyone
Here is a deal I closed on in January. I bought a duplex in Cleveland for $27k and put in $7k in fix up. I get $950 in total rent, $475 each side. I have a seller financed note for $19k and my monthly pa...
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Ok...so I saw this ad in Craigslist yesterday:
[i]Invest your CREDIT and make 30k- - No $ Req'd RE
If your looking for a great investment, and you have a 700 Fico or above
you can work directly with builders and e...
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I know there are some incredibly experienced and smart people on here, so I am hoping I can get some help with this question in which my contractor who does fix and flips also, STRONGLY disagrees with me. He has some...
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(I originally posted this in the "creative financing" sub forum but I thought it might get a little better visibility in the "starting out" sub forum.)Hello all,
Looking for a little guidance on how to handle my up c...
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Hi everyone! I’ve been browsing through different threads on here and thought it might be worth posting my own (to get your expertise).
My partner and I have $270k in cash and are looking to invest (for the first tim...
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Greetings!! My name is Janice R. Currently, I work as a math, special needs, and ESL teacher. I am certified both in NJ and NY states holding Masters' degrees. I live in the northern NJ, Hackensack area. FYI,...
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Hello beautiful people of BP,So, I'm no CPA, but it would seem that if I do not apply my original down payment on a property towards the new purchase, it would not be taxable as it wasn't actually a gain. So if I orig...