Hi allWe are worried about losing grip on our finances and need advice. There is money coming in, going out, receipts coming out of ears, bills to track, expenses, two businesses to run, taxes, etc. We want to hire so...

Hello Everyone,I recently applied for a VA Loan through a mortgage banker. After the mortgage banker pulled my credit history, I was told that I "don't have any credit history, and therefore no credit score". The mort...

Had a meeting today with a broker/attorney and a general contractor for a house flip. The idea is for a 50/50 split on the net profits between myself(capital investor) and general contractor. I would pay acquisition a...

Hi BP,
My REI partner and I are about to purchase our first two single-family homes.  Our realtor got a deal on 9 homes with a wholesaler.  We are buying each home for $148,000, with $500 in earnest money, and the Zi...

Hi BP community! I am a newbie from Brooklyn, New York. I’m currently in the beginning stages of learning as much as I can about REI while putting a plan together. I’m having a hard time deciding where to purchase a p...

So what ever happened to “the pursuit of happiness?”In 1776, Thomas Jefferson wrote, when crafting the Declaration of Independence, "We hold these truths to be self-evident, that all men are created equal, that they a...

I just closed on a big building, and one tenant had mentioned to me that a window is falling down, and doesn't stay open. that was about 2 weeks ago, I told her that I took over the building with numerous problems (...

So here is my story, my first bad experience as a landlord.Bought a duplex, moved in to the 2nd unit, did a lot of upgrade in the house to rent out the 1st unit to a family. After few months, I moved out and rented th...

When using the BRRRR Strategy, is it too risky to use a traditional loan with a 20% down payment instead of buying the property up front?

This is probably a very commonly asked question, "Show I rent out my house?". In 4 years I am planning on upgrading to a bigger house. I have a solid 3/2 house in a town with 2 colleges.

I am thinking about using a...