So I have been approached by an investor with an opportunity to provide a private mortgage on a fix and flip.  I've never done any PML but I do want to start.  I'm trying to educate myself as quickly as possible.  Her...

Hello all,

I have been doing real estate for the last 10 months and have two rental properties.

I am about to close on my first foreclosure and plan on rehabbing and flipping.

Are there any basics that I should kn...

I recently sold a property in Michigan.  The city went out for the final water meter reading to get the final amount due and it turns out that the final bill is about $2K.  The Escrow company held back $400, the city ...

Hey all. I had a situation come up, which I will explain below, that made me think to bring this to the community to get your thoughts on it. I wonder what everyone's process is like when you do a short sale. I'm talk...

Situation: Owner Occupied SFH - Home is in FORECLOSURE - NOD filed months ago, NTS -Notice of Trustee sale filed a few months ago as well.; The property is scheduled to go to sale in a few days (thus its within 5 days...

We plan to move in the next 4 years to a better school district.

We purchase our townhome for 251k. If we keep it as a rental we can get 1750-2100 per month in rent.

This violates the 1% rule. The mortgage rate is...

Hello all,I would greatly appreciate some help making a decision. My grandmother has a 3 bedroom, 2 bath, 2200 square foot home in the middle of nowhere, California. Town is called Llano for the curious, population 12...

Hi all,

Can someone please explain wholesaling to me? I have very little info on the concept. I have purchased 5 properties in the last 2 weeks and I am thinking I may want to flip 2 or 3 or them to another investo...

Hi Everyone,

Long time lurker here with my first post! I started my REI career in '06, doing a few rehabs. The past year I have done mostly lease purchasing and would like to venture into short sales. I am in the pro...

I converted my primary residence into a rental property three years ago. Last year, I completed a 1031 exchange, where I exchanged that rental property for two new residential rental properties. The overall gain on th...