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8 January 2025 | 8 replies
Answer sure.. have to check if there is a due on sale clause or if you have a PG to the orignal seller.. that mortgage stays in your name unless there is a formal assumption Maybe the example is more challenging for a house as the property.Ex. with vacant land - seller finances to me $20k with 5% down and $1k/moCan I after 1-2 months, then resell the land to a cash buyer for $25k, pay off the original $20k and pocket the $5k?
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13 January 2025 | 6 replies
For example, if you don't specify if a certain item is reoccurring or 1 time, you can't collect it.
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17 January 2025 | 20 replies
For example, I used an FHA loan (3.5% down) to purchase a 4-unit property, which allowed me to put down a low deposit while still generating strong cash flow from multiple rental units.
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9 January 2025 | 116 replies
I'm at the beginning of my investment career, fresh out of college and pretty heavy in debt at 7% interest.
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7 January 2025 | 16 replies
An example of that is tenant must pay for additional electric over flat fee / flat limit since now there is 2 occupants in the home instead of originally one.
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10 January 2025 | 2 replies
For example, here in NE PA, you can buy a 4/2 on a lake for under $500K while in CA, $500K will get you a starter home in most cases.
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20 January 2025 | 22 replies
For example, with 5% inflation, a $100 basket of goods today will cost $162 in ten years.
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10 January 2025 | 4 replies
MarketFinder: Helps you identify potential markets across the US that fit your criteria for investing and shows you this info below plus more based on zipcode, here's an example for a zip in Denver. https://www.biggerpockets.com/marketsDealFinder: Once you find a market you can dig into specific homes on the market at https://www.biggerpockets.com/deals
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31 December 2024 | 0 replies
The exterior got a fresh coat of paint, and I added modern fixtures inside to attract buyers.
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31 December 2024 | 0 replies
The exterior got a fresh coat of paint, and I added modern fixtures inside to attract buyers.