All Forum Posts by: Account Closed

@Andrew Postell I really appreciate the help.

@Stephanie Irto I’m calling around like everyone recommended. Thanks for the help

My dad and I are buying a duplex together but it was a cash only deal. So he put up all the cash to purchase the home on the idea that I buy it from him with an investment mortgage loan. We’ve run into a problem they won’t give me the loan bc it’s not a large enough purchase (86,000). My credit is great and I can put up 25%. We were thinking of getting a personal loan but I’m afraid of the interest on it.

@Rodolfo Canon I really appreciate your incite on this. You opened my mind to how to approach this issue. Thanks a lot

@Joe Villeneuve thanks for the feedback. I figured it was a bad idea.

I’ve been shopping for SFH but realtors are either not sending what I ask for or they act like they really dont want to travel to the area Im interested in. I came across one that wants me to sign a contract. I’m sure that’s normal for regular home buyers but I feel uncomfortable with it bc no one has shown me the effort I’m looking for.

@Kenneth F. Thanks. Really appreciate it.

@Kenneth F. Are you up front with the realtors on what your doing? I figure you are if it takes a long time to find a good one. I’ll keep hunting.

Sorry I’m just getting back but thank you guys for the advice. I’m going to be patient and try to get in a REI group. I’m also contacting a real estate agents in the area. My pre-approval letter expires Dec 5th so I’m kind of working against the clock.

Hello BP community. What’s the best way to find your first rental property?  Are paid auction websites worth joining?  Should I call a random realtor in the area of interest?  My time to research homes is tight considering my job has no free time to allow me to drive around looking at homes except on weekends and  after 4p.