Hello everyone! I am wanting get some opinions from you all on my current situation. I have been reading/researching real estate investing for a few month now I haven't began investing just yet. My only experience wa...
I bought this condo on auction in front of county court house this month. It was a second lien. The bid started at 25K, I bought it for 56k. There was another guy there bidding with me. The first mortgage is 96K after...
He is my grandmother’s brother and is 77 years old. He became a multimillionaire because of stocks in the mid ‘90s.He tried to help me start an eBay business back in 2005, but there were too many obstacles. I never se...
A written statement from the lender that they know I am reselling the property for profit. I always try to use my title co for double closings. However in this case the end buyer's sister owns a title company. On t...
I am currently looking to invest out of state because investing locally is too expensive. Investing out of state can help me get started on my real estate journey but I don't know where to start. I have some start up ...
I’m considering lending money to a house flipper. Because I’d like to avoid any issues surrounding loan origination regulations (usury, disclosures, licensing, etc.), I’m considering having him personally create a no...
I am a new investor, and my agent sent me a duplex that shows some promise. I want to plug the numbers into the BP rental calculator, but I can't find the property tax. The listing is not public so I can't use realtor...
Anyone have pretty good success with a Skip Trace service? I recently tried Unlimited Skip Trace which is powered by www.findtheseller.com. I wasn't pleased at all with it. It's a product that came with the iFlip prog...
The property management company of one of my properties is terrible. They are extremely unresponsive, taking days if not weeks to respond to my emails. At some point, they switched email servers and did not let any of...
Hey BP!
I'm interested in rehabbing a 3 flat in Chicago that's already been gutted to the studs and reroofed. My contractor and I took a look and saw great potential. They also did a great job on the new roof, accord...