I have a question about private lending? Say I come across a property for 150,000. I only have enough money for 10% down, $15,000. At the same time, I have a good friend who could loan me other 10% for the down. Doing...
Been renting my house for the past 6 years to the same tenant. Rent is $800 and unfortunately I never raised it to keep up with market value which should be about $1100. I figured he was a good tenant, didn't give me ...
The first goal I want to achieve is getting my living expenses (Mortgage, HOA, Taxes, Insurance) completely paid for by others. My strategy: I'm fairly new to the Vermont area and there is always a factor of me potent...
I am in need of some advice and thought I'd run it past the BP community.I have several rentals, two of which I need to take some action on. 1) I owe $142K and value is $335K, so solid equity and low LTV.2) I owe $20...
Hi Everyone, Just wanted to introduce myself, I have been following up on this site for a while now, however just haven't gotten around to posting anything. I am looking to connect with fellow investors, wholesalers, ...
Hi All!First off thank you in advance for all your help! BP has been a gold mine for me as a first time buyer to get on the path to wealth! I plan to begin my investing career next year and have several different opti...
This is probably a stupid question but I keep hearing get your finances in order but I not exactly sure what people mean by that? Another question to get pre approved to purchase my first property where would I go to ...
Hello my name is Joe and I am from Texas. I am new to BP, and am looking for some good advice. My goal is to become Financially independent. I have always been a saver and haven't carried a lot of debt. I currentl...
Hi BP community! I have situation I wanted to get your thoughts on. I found a shortsale on Zillow and contacted the realtor directly (I don't have one yet). I know the sellers realtor gets commission but I believe thi...
In 2007 I purchased a home for 220k with no money down and an interest only payments for 10 years. Since then the home is now worth 210k and i am stuck with an interest rate of 6%... Currently have a renter in there...