Hello, two of my brothers, my Dad and I just closed on a 30 acre corner lot that sits on two state routes. There is a small town a mile down the road as well as a pretty big factory.So what we have is a restaurant tha...
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Details: Property type: Two duplexes side by side Owner Financing Purchase price: $220,000($110k each) Downpayment: $15,000 Loan amount: $205,000 Interest: 6% Loan Term: 15 year Monthly Principal a...
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After three months of giving notice to our tenant to inspect the property and getting refused and canceled last minute, we finally entered the condo and faced the disaster. Massive trash accumulation and hoarding. I c...
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Hello BPers!I have a property in Charles county MD under contract, which the numbers work really well. Purchase price is $51,500. ARV is $230,000+. Rehab estimate is about $70,000. HML loan at 3 points and 13%. I am d...
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Hi I love pets and myself have one. However I have a no pet policy in my properties because of horror stories I hear every where about the damage they cause (specially dogs) to the property. I have a potential tenant ...
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Hi,
I am a LA resident, attorney, and first time investor. I have read various real estate books and found a few strategies that could work but not sure what to do.
1) The first option was doing an FHA or 5% conve...
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Where should I start when looking to buy out of state? I live in Northwest Washington and am looking to buy in North Carolina where prices are much closer to my price range. My husband and I have a trip planned for th...
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I have a potential tenant asking me about a rental property to allow pets. I told them I do not allow pets. They really want to rent the property because of school district. Not very many rental properties in school...
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Hi everyone! Big fan of BP but new to the forums. I am just starting in my career and in my fascination with househacking.I have a question regarding buying a duplex: Given my circumstances -- should I go in on a deal...
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Are you dreaming of building your wealth through real estate investments?The world of real estate can be both exciting and rewarding, but it's essential to have a solid plan in place to achieve your financial goals.In...