I know that it's possible to get an owner to agree to 0% interest, but can I legally do that. I've gotten feedback saying that even if i did, the "authorities would not treat it that way". Just trying to figure out wh...
Our house is in a very desirable location in Manitou Springs, outside of Colorado Springs. We put in about $35k in upgrades in the house over the last 4 years and should be able to sell it, making $40k after what we s...
I am just starting out in the real estate investing I have found some properties I think would be great investments for my first deal. The problem is I don't have the down payment required for the properties. I wanted...
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I'm a newbie wholesale real estate investor and I've come across an property owner/seller with a vacant lot already for sale by a realtor. However, the owner is negotiating with me a price less than what the...
Hello BP family,I am near closing on a substantial cash-out refi with my CA condo (single unit rental). The lender is at a road block with the Fannie Mae/Freddie Mac owner occupancy requirement that at least 50% of th...
Hi everyone,Looking for some advice or input on contacting a landowner about buying their plot of land. Has anyone had any experience or success writing personal letters to owners for vacant land that is not listed fo...
I’ve been evaluating and trying to purchase a 4 family in a smaller town about 45 minutes from my house (15 minutes from my office).Here are the #’s: (4) 1 bed units, approx. 1000 sq ft each.Market rents are $400 easy...
Hi all, I am currently searching for a 4 unit to buy and owner occupy using an FHA 3.5% down loan. There is nothing in my market that is desirable to me, so I did an off market mailing campaign to all 3/4 unit owners ...
Does anyone have ideas for a great letter to send to a homeowner to buy their vacant property that clearly is getting run down? How much should I include in this letter? (like:retired husband and wife with contract...
Hi BP,First time investor potentially closing in on his first deal. I am currently in negotiation with a seller to buy two duplexes here in South Florida.To give you some background information the seller is an elderl...