I am considering offering some owner financing on a property I am looking to sell. I currently have a first mortgage on the property so any note I create would be in 2nd position. I have two questions regarding this:1...

Just needed to blow some steam off in the group.All 7 of my accepted offers have fallen apart at the inspection phase.Each time we find an expensive problem in the inspection and the seller is not willing to make conc...

I gave Financial Freedom my credit card info so that they could bill me $3.95 to ship me a book. They ended up billing me $200 a month for several months before I realized what they had done.

My wife's a Realtor and...

As I continue to explore and prepare to be a REI I am finding people around me being very doubtful and advising against.  The feedback is always about the headaches, constant tenant problems, constant repairs, evictio...

Hey guys,So I recently got out of my 3rd deal in Cicero, IL (Chicago Land Area). I’ve gone through the process 3 times (Offer accepted, appraisal, inspection) and for some reason something always needs to come up. So ...

Hi guys!  A little about me, I have been lurking around BP for about a year, listening to the podcasts and reading blog posts.  I saved up some money over the last couple years and just put an offer for 25% down on an...

Hi all,

I’m interested in purchasing my first property by way of house hacking a multifamily property. I’m pre-qualified for a mortgage. My question is should I pay down debt (student loan, car) before investing or j...

Dear All, I know this must be a newbie question: how to qualify for a loan on a second or even 3rd property when your income is not great. A little back story here: My husband and I bought our first home, a $130,000 o...

I just started managing one of my rental units after a several year hiatus (it was managed via a property manager during the interim). 
I'm screening applicants for a vacancy, and I noticed something odd. I pulled wh...

Hello fellow BP members! Looking for a little advice..Little background: I am a financial analyst for a multifamily developer, so i understand real estate and all of the financials associated, but i am definitely not ...