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Hoping for some opinions/advice: My husband and I bought our first investment property with the intent to flip it. We knew off the bat that we wouldn't make a ton of money off of it, but we wanted to use it as a lea...
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Hello all, I posted about a year ago on here about trying to get into real estate investing. I had no idea about the obstacles that needed to be overcome in getting financing, finding deals, etc, but I kept learning a...
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I'm close to closing on a new construction home in Sacramento but just found out that because my most recent job is 1099, my lender has instructed me that I will need a portfolio lender as I'm considered 'self-employe...
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Thank you for reading! Received a call from a direct mail letter, for a couple who lives in TN, owns a house in NJ that has been occupied by the same tenant for years. Everything is in good condition, they just don't ...
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I own a triplex in Minneapolis, MN. One unit (tenant 1) covers snow removal for the building for a rent reduction each month. My tenant (tenant 2) in another unit just contacted me stating the tenants responsible for ...
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Hi all, my name is Michael and I am a new member here on BP. I have a question that I am hoping someone can answer- Why do some people advocate that you never pay a loan down because a loan is a wealth generator? I kn...
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I'm not sure if anyone remembers but I am the one that posted regarding my investment with Gino Moya (Humberto B. Moya) of Creative Development Network, Inc. (our neighbor and supposedly a pastor with his master's de...
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I want to buy properties at a discount then owner finance them at a much higher interest rate than I am paying. Here is an example:
I buy a home for 35k @ 5.75%. I then owner finance to someone for 70k @ 9.5%. To pr...
I am interested in doing creative financing.... Lease Option Purchase....Assignment of Contract, etc....
If I understand....first find a property..... preferably FSBO.... work out a deal with the seller where I give...
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Co-Worker of 3 months,
She wants to help me get into investing, She has been investing with her husband for a long time and owns like 5 properties right now . She and I talk about investing everyday and she said "L...