I'm seriously considering the following deal,
Condo in the French Quarter in New Orleans (400 square feet) which is typical for that area
Purchase Price $115,000
Owner will carry with 60K dp
I wanted to know what typ...
I currently own a town-home in a great neighborhood that I purchased back in 2020. I am looking to start my real estate investing journey and my first thought is to utilize a HELOC on my primary residence, rent it out...
Hi Everyone. I've been a member of Bigger Pockets for months now but just started diving into this site a bit more recently... What a great resource for investors! I've been at it for about 10 years now. I formed a...
What we really need is for local banks to start doing commercial loans on investment properties (SFH) again.
I know some states are still doing these types of loans. But here in Illinois, our local banks have complet...
We bought a 3,000 SF lot w/ teardown home in April for $400k ($130/SF) We bought it with 25% down 2 year interest only loan through a local S&L we have a good relationship with.We bought the site because a new sta...
I was thinking about owner financing a property to a buyer and I need some help to figure out if this is a good deal or not.I paid $235,000 for the home. Here would be the terms with the buyer:Sales Price: $315,000 (N...
I have a dilemma.
I am thinking about buying my first investment property, a multifamily complex or duplex/triplex (up to 500-550k). Thinking about picking between Cincinnati, Cape Coral, Albuquerque, San Antonio. Do...
Hey Everyone,I have been actively on the house search for just over 2 months now. We've made 10 offers on flip properties, but have been beat out by higher bidders each time. One good thing: my wife and I are being ve...
Hello BP community,I am looking to purchase my first rental property in SD, but am finding the prices to be very high in relation to potential rent prices, to the point that I may have to take negative cash flow for p...
What do you do when you purchase a house, rent it out and then the market crashes and the house is no longer worth paying such a high rent rate to potential renters comaparing them to other houses but you are still s...