Hello BP fam, name's Ty. First post.Here to seek the collective wisdom of BP to help shorten my learning curve and minimize painful mistakes. Here goes (thanks to Chris Mason btw for this template):Short Term Goal: To...
I have some money that I am thinking about lending to a flipper. He says he need 15k for 6 months. He would offer 16% for a full year and 3 points.
What paperwork do I need to insure that he pays me back?
I've never ...
I have a tenant of a SFH that was in a bad accident March 1st. He was the lone occupant of his vehicle and there were 3 people in the other vehicle of which one died. He was in serious condition and has had surgery, b...
I'm an educator from NYC with a family in tow looking to produce a little extra income (alright, ...maybe a lot extra) during my off time, and I've been browsing around the forums and blogs. It seems that in the city ...
Alright guys so I'm a newbie, don't have to much cash just about 20k. So I'm considering buying a mobile home for about 15k and renting it out for cash flow. Don't find to much info on this. Most strategies on mobile ...
Hey hey, Anthony from San Diego here. Moving to SE CT next summer and I want to purchase my first investment property. Looking to discuss FHA options. If I can, I would like to purchase a triplex or quadplex I can hou...
I'm trying to find out how many rental properties an investor can own. I currently own 10 properties in the Dallas area and wondering if there are any restrictions on owning more. My goal is to get to 20 properties in...
I just got under contract on a property with 3 single family detached homes (all 2 bed / 1 bath / 900 sqft) on 1 parcel ID. 2 of the units are rehabbed and 1 of the units needs $30,000 in work (main issue being a new...
A friend and former coworker who I’ve spoken often with about real estate moved to central Texas. As a new investor, and him being a bit more experienced I agreed to give him 10K to invest for me in a rental home. He...
If I want to wholesale, would I build a buyer’s list before finding deals or vice versa?