Tom McMahon
Irrevocable Trust Question
Hi guys, first post here. Site has been great so far. Here is my situation:In September of 2014 my parents made me the beneficiary and Trustee of an Irrevocable Trust. We put their house, which would sell for roughly ...
Michael Laidler
Owner financing my first home
I took up a new job in another state, 6 states away to be exact. My house is up for sale and has had 2 viewings over the past few weeks. Today, my real estate agent suggested that I look into owner financing beca...
Caitlyn J.
Help! Appraisal vs. Contract Price
Hi BP community! I am new around here and my husband and I are in the due diligence phase of hopefully closing our first deal! It's two duplexes in a popular area of town that's currently being revitalized. Current...
Scott Price
Lender taking annual personal credit reports on commercial loan!
Hi, I just ran into an unusual situation and was wondering what experience others have. I have had multiple commercial loans over the years, and many now require a fresh set of financial statements, rent rolls, etc. ...
Jeffrey Gignac
2nd Buy and Hold - Residential Property
I've successfully owned and managed a cash-flow positive residential property since 2012. After paying down personal and mortgage debt and getting my financial ducks in a row, I have begun the hunt for another house i...
Belen Gamarra
23-year old Aspiring real estate investor looking for a bit of guidance
Good Morning Everyone!!I have been passionate and set on buying my first real estate property as an investment for a year now. I want to do an owner-occupied House Hack and rent out the units. I have a 750 credit scor...
Reginald Dillard
No money to wholesale
I trying to figure out different tactics to find sellers. Direct marketing looks expensive right now, until I can get a property to sell. Without money to really invest right now, what are other ways to find sellers ...
Larry Feacher II
First Time posting on BP!!! Is this all I need?!? Thanks in advance for any feedback!
First time positing on BP!!! I've Been a member for about a week or so, but been an observer for about a month... This place is like REI heaven! I have a contract Im getting ready to secure this coming weekend from a ...
Jeff Mills
What numbers/conditions would it take for you to buy in a ghetto?
I'm looking at a small apartment complex where based on my numbers the cap rate could be around 25% and the COC over 70%. Rents are around $450. It's also mostly renovated, just needs 10k - 12k left according to the s...
Tom Howard
Feeling Conflicted
Let me first introduce myself. I'm Tomas and I finally decided to become a member. I was a very active reader here but I decided to try and engage in conversation here. I feel like I'll feel a lot more confident with ...