If I own a 1st position note on a house that is vacant and the borrower is on board to do a deed in lieu, do I have to still do a foreclosure to get rid of any junior liens? Does it ever make sense to do both a deed ...
Lenders are getting more and more aggressive in their underwriting - read this...I am researching a project and reached out to a friend who is working for a big lender. He confirmed - they are approving stuff that m...
Hello my name is Brandon, I am in the las vegas area. I own a rental property in san antonio, and I am interested in purchasing multi-family properties with 5 units or more. I have been reading a lot of articles on th...
My wife and I decided a few months ago that we would buy a rental property. We took out a $50K HELOC that we will be using for our down payment and reserve.
We live in upstate NY, so we are looking to invest out of s...
Would anyone like to explain to me some of the benefits\drawbacks of both of these types of investments? It seems to me that when starting out, REI seems to require far more money than investment in stocks.
I read t...
I don’t want to name drop but I paid $4000 for a 3 day workshop and now they want $40,000 more for coaching and mentorship. A friend of mine that has a successful portfolio worth millions advised me not to. He recomme...
Hello everyone, I am a newbie RE investor from Vancouver, Canada and am researching on investing in the US market. I am still starting out so I have a lot of (dumb) questions that I would like to consult the experts h...
I bid on what turned out to be a a 2nd mortgage in Ohio. The house is worth around $300k. I paid 258K at auction. Looking through the court records I can see that the 2nd mortgage was awarded ~100k. There are around ~...
Hello BP members!I am new to REI and joined BP several months ago. We live and Turlock, CA and are looking for buy and hold multi family opportunities for cash flow. Unfortunately our area will not support cash flowin...
Hello all, I am looking to get started in real estate in the Hampton roads area. I’ve done a lot of reading, watched lots of BP podcasts and am ready to take the next step. I was curious to know any tips or best strat...