Larry Wolfe
New Member from Delaware County, Pennsylvania
Hi, my name is Larry Wolfe and I live in Springfield, PA, which is about 15 minutes outside of Philadelphia. I have a pretty good knowledge of real estate and took courses on real estate sales in the past. What I do n...
Account Closed
Obstacles to "Sub-2" foreclosure rescues in NC
Greetings from Asheville.I've just run into what I think is a major snag into doing foreclosure rescues using "Subject to" financing in North Carolina due to NC General Statute § 75-121. Here's what it says in a nutsh...
Michael Via
Opinion on house for possible BRRRR
Hi, and thanks for reading! I'm new to REI and have been looking through lots of listings to get a feel for what's out there, etc. I saw this house in my local area and I'm curious on what others think about it's pote...
Rich C.
Financing a portfolio of properties
I am wondering if anyone has used the following strategy to finance property renovations or pay down principal.
Hypothetical situation: Portfolio of 5 properties that are currently rented but need renovations if goal...
Sean Dezoysa
PreForeclosure, $40k equity, 6k arrears, significant repairs
Hi, I have a preforclosure that I found via door knocking. Here are the details:
ARV ~$143k
Principal balance: $102,100 1st, no 2nd.
$875 payment which includes PITI, fixed rate.
3 other ...
NA NA
Gifting/Discounting a Rental Property to Children
Hi, I'll try and keep this short, but I'm a little clueless.BackstoryI own a rental property that I want to sell to my son and his wife. The property is worth around 100k, but I only want to sell it for 40k (the remai...
Jason Powell
Is it a bad idea to just sell and pay the taxes?
Are there any BP members here who have a strategy of simply flipping apartment buildings to build wealth, and just pay the tax as a cost of business? As I move along my RE journey (just 5 years), I look at the deals I...
Sam Mao
Newbie. Looking for REI opportunity in Waco or surrounding cities
Hi all,I'm a recent college grad who interested in REI, however, I don't know much about it, and would love to get started. I've read and watched videos on how to get started, but the information is very generic and d...
Andrew Emery
Rollback of Dodd-Frank regulations
Hi Folks,It's been a while since I've posted, although I visit a lot to gain insight on questions I have. I would like to say though it is through a bunch of knowledge I gained through this site and podcasts my wife a...
Richard Diaz
Private and Hard Money Lenders
Hey BP, I'm a new investor starting out in currently a Real Estate Agent but my goal is to use that as a gateway to get into investing with the capital from commission and the knowledge I Obtain doing l transactions. ...