I recently purchased a single family home as my primary residence with the intention of making some relatively minor updates/improvements, pulling out the forced equity to go towards another property, and then turning...
Hello to the community,
I have been looking for creative ways to take the next step. I bought a fixer-upper in Troy MI in 2020 for 240k, it took me around 1.5 years and 55k to finish the project while living in the ...
If I'm able to contact the owner under going foreclosure can I make an offer to take over the loan and pay the amount that they are behind and get it out of foreclosure?
Trying my hardest to get my 1st investment un...
At this time I’m looking to acquire a large 72 unit deal with OPM for most of the down payment. Example:Purchase price $5,000,000Down pmt: $1,250,000Amt: 30 year Interest: 4.5%Interest only period: 3 years If the...
I wanted BPs opinion on partnering with a contractor and if there are any nightmare stories The contractor I know finds the deal, puts it under contract and he can either wholesale it to me or we can partner. I told h...
So for a while now I have wanted to invest in a duplex to start my journey into real estate investing. I have done small amounts of research but to be honest, it has been lacking lately since I am busy with my current...
I have numerous contacts who have interest in investing in real estate if I can find the right deal/return. My question is, what is the best way to structure the deal once I find an apartment complex worth pursuing? L...
How does one determine if there is equity in a house? I would like to help some homeowners in pre-foreclosure status by catching them up on their payments, rehabbing the home for a flip and then sharing in the profit...
I'm looking for some ideas on how to handle the financing side of a rental I own. It's our first RE investment and I think it's been a good one so far. We bought it just over a year ago, using a HELOC on our primary r...
Brand new here to BP (first post ever!) - I have two out of state rentals. Have had one for 17 years and it's paid off (value approx $280K) netting about $1,000 per month and another for 15 years that still has about ...