1) Use a solid title company that won't insure everything 2) Buy only from legit and solid wholesalers / agents 3) If you can find out if the real seller still lives in the home that is helpful  -  get the story and try to do a little investigation yourself 4) Make sure the seller has a real and recent water bill - We can help you with that also so you don't get stuck with $2000 or more after closingI hope this helps you all because it is an amazing city to invest in.  

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

I have allocated $250,000 in savings specifically for investments, aiming for a conservative down payment of 3.5% to 5%, depending on the deal and financing terms.I am planning a visit to Florida in June to scout properties and gain a deeper understanding of Tampa's neighborhoods, including the greater tampa area.

However, a few things I would suggest to give you a better perspective is: 1) Talk to property management companies in the area to see if they operate in the area and/or have comments on tenants in the area, 2) Speak to a few banks to understand how they would lend on this property, 3) Scan Zillow/craigslist and other listing sites to understand the rental market for listings...

Hi Bigger Pockets Community,I live in Lincoln Square and am eager to invest in a multi-family property for a long-term hold - ideally on the northside. We would be putting 20-25% down and using conventional 30-year fi...

I put 15% down for our deal, and it gives us more flexibility for the future- The template for the Contract for Deed is the general Contract for Deed for the state of MN (where I reside) - We are getting title insurance and ordered a title commitment to confirm there are no liens or claims on the property I feel like I've educated myself on different seller financing, and understand Contract for Deed protects the seller more than the buyer, so I understand why the seller is going that route, especially if selling Contract for Deeds is how they do their business.

I understand the bank covering them needing the 20-25% down but the opportunity for cashflow is there and i don't know if there is any other options out there.

I have been getting crazy numbers from contractors and I understand California isn't cheap, but I was hoping to get advice on how to find someone that's reasonable and dependable. 

Yes, I understand that they sent a different engineer to survey the property the second time.