Jonathan Beemer
waiting until the next crash?
Hi BP,what are your thoughts about saving money until the next crash to buy real estate?is that the wrong answer? because of its undetermined time?would it be wise to invest part of the money i have in real estate but...
Marlon Lacayo
How to invest in-front of a looming real estate crash?
Hello, everyone!I'm a new investor that was keen on getting into the real estate market in 2021. As I'm reading more and more I'm seeing a pattern of belief that we are headed toward a real estate crash. Unemployment ...
Kent Renshaw
Besides filing a Memorandum of Agreement, how does a contract buyer protect contract seller from mortgaging the property. And if they do, who is first in line?
Scenario: Contract buyer and seller enter into a Contract for Deed. Buyer immediately files Memo of Agreement in the situs county. All goes well for two years and Seller applies for loan. Mortgage Lender realiz...
Toby Johnston
Where should I reinvest?
I'm in contract to sell a rental property in San Jose, CA and trying to decide what to do with the proceeds. Given that the numbers don't really work where I live, I'm willing to invest out of state. My primary f...
Carlos N.
Need advice: evict tenant in Philadelphia
Hi All, New member here. I have came across BP when googling about tenant eviction, will need your advice regarding eviction in Philadelphia. In short, I own a property since 2005 and have been using a real estate ma...
Christina R.
First rehabs approaching - what do I need to do first?
I'm getting ready to do a "2-fer" and, with a partner, rehab two homes for rentals. My partner is experienced and I intend to ask him the same question I'm asking here (and I know he will thoroughly educate me which ...
Charles Norman
Note purchase questions
I need some help on how to find the right people at the bank and how to present a compelling offer to purchase a NPN. We have done the financial analysis, tracked the foreclosure and bankruptcy processes, spoken with...
Mike Landry
Syndication without "a" syndicate?
I would like to deploy some money into Multi family 10 to 50 units in the next couple of years. From what I read it seems to fall into 2 categories. 1. Either you have a lot of money and buy one on your own. Or2. ...
Erica Gordon
How long did it take you to find your first duplex?
Hello everyone, I have been searching for a duplex in Philadelphia, PA. for the past 4-5 months. My plan is to purchase w/ an FHA loan (will use 203k if needed), occupy one unit and rent out the other. I haven’t been...
Tim Wilkinson
Income verification
Hi all,I have a prospective tenant (a couple) that are both self-employed. Both parties (unmarried) gave me a copy of their experian report: 738 and 698, which is a good enough score, but I didn't pull the reports. Ho...