Hello BP Community,We purchased a foreclosure and the appraisal came back with the Tax Assessment at $129,500 and the appraisal price at $85,000. On the appraisal it looks like they used other foreclosures in the area...
Good morning everyone,
This morning I woke and just started calling all the brokers in the areas I’m looking to invest in. I came across one gentlemen who says he’s looking to sell his entire portfolio of apartment bu...
Meet Husband, Wife, and Mom. Husband and Wife are pre-approved for $900k in loans, looking for a 2-family house. Husband & Wife will occupy 1, Mom the other. To make the down payment, Mom will sell her fully-ow...
A recent BP podcast guest talked about working two jobs so he could acquire more real estate. Any thoughts on this? What sort of job would you choose?
I think with an issue with this is that a house is a big item. I...
Hi there...I'm a newbie and I need HELP!! Can someone please tell me what the J/E would be for the attached Settlement Statement? This property is in a LLC, but we paid for it personally, so do I first need to includ...
I'm going to be taking some business trips to Kansas City soon. I'm using my SWA miles and it occurred me the other day I might be "doing it wrong". I have both a personal and business SWA card. If I'm able to write o...
Working 3 years at job (with hopes of getting mortgage approval after building credit history and saving. Im looking to get into a 4plex. Got down payment saved. Currently own my home free and clear. Score at 680 and...
I’m the seller. A buyer has approached me that does not yet have a SSN. He is a contractor. He has a Tax ID. How or who can get him prequalified to buy of he doesn’t have a credit score??
I have 2 rentals, looking to get into Multi family in the new city I live in FHA 3-4 unit and live in one unit. I’m in high rent city 1700 for my current 1 bedroom unit. So I feel this would be best. I was told to mak...
My daughter is going to be doing 20 years in prison state of Indiana she wants me to buy a house for her and her name so she has somewhere to go when she gets out because by the time she gets out I'll be gone any thou...