In 1998 I purchesed a VA Foreclosure as an investment, and was collecting rent from it. The VA sold the loan to Season's Mortgage, then Season's sold it to Countrywide Home Loans. I had a fixed 30 year loan for $708 a...
Hi everyone, this is my first post, so if I'm asking this question in the wrong area, my early apologies. I'm looking to purchase my first property, and I've been searching for properties with FHA Assumable loans. I d...
Hi Guys - I'm looking into my next investment and I came across a car wash. I like the location and the price point. I've never dealt in anything like this so I'm not sure what type of expenses to expect but there are...
Hey, how's everyone doing?
A woman just called me from a craigslist ad I posted about a month ago. I totally forgot I even posted the ad. She says she is looking to sale 2 of her houses. After all the studying I've ...
I am looking at purchasing a mobile home park from a friends father who is older. . It is run down due to his age. This is the situation there are 40 lots, he owns two of the trailers only 10 lots leased he is getting...
Flippers, what's the best way to organize your bank accounts?
I have a personal account and an LLC business account.
Currently, I keep the bulk of my money in my personal account and transfer funds as needed to my LLC...
I recently retracted an offer I made on a house due to the seller delaying close for an unreasonable amount of time. His reason was actually legit but I felt I needed to move on to something a little more promising...
Hi. I have a home in a highly desirable residential neighborhood that I rent out. (I used to live there, but got married and moved into my husband's house.) My former tenants recently moved out and I relisted it t...
So when I came across self directed IRAs it really intrigued me. I have a little bit of money in my IRA, but no real savings, and poor credit limiting my ability to get into the game without clearing that up a bit. I...
Good afternoon, fellow BP'ers!My wife and I have lived in the area for a year now and I have interested in purchasing property due to two factors - 1) Dartmouth College next town over and 2) Dartmouth Medical Center j...