Dear BP community, Would you please offer any words/advice/suggestion/warning for one to consider before buying a foreclosure in Philadelphia ? What are possible risks involved and what one should watch out for?Thank ...
Good morning BP!I have been lurking in these forums for some time now, eager to jump into some smaller multi-family properties with the goal of cash flow. I am a rookie investor from San Diego, I have a vacation renta...
Does anyone have any personal stories or any insight on how to get involved in REI without having any or little capital?
hey friends,
I was wondering if anyone in the Oakland county Michigan area has a title company that will do a single source double closing. I know most won't do these nowadays but if there is one that does I...
Just received a check for my first flip house and I haven’t cashed it yet because I’m wondering if there is anyway to take the profits and 1031 into a new flip house. The flip was sold in less than a year so my cpa sa...
Hello BP, Excited to be back on today and continue learning. I have been curious about the different professionals one would need to have access to in order to close a deal. As i have heard, many professionals can be ...
So I finally have enough in my roth IRA to possibly get involved in a flip but wanted to run it by your pro's before talking to my CPA/attorney to see if this is kosher.I have ~40k in my roth that I plan to roll over ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $60,000
Cash invested: $90,000
Sale price: $100,000
This was a flip where things didn't go as planned. We boug...
Has anyone had any success partnering with local banks or credit unions to be able to buy the majority of their foreclosed inventory? If so, what type of agreement have you worked out?
I’m looking to do my first deal. I have made friends with a local real estate agent that is giving me a ton of side work and is very helpful and supportive of me becoming an investor. I hear all y’all talk about worki...