Hi All,I am in the process of selling a property where I will be holding the note for 280k (15yr term, 10%, 5yr balloon). The property is worth 380k and I am getting 100k down from buyer. 10% return is nice on the 28...
My husband & I have been discussing and weighing the following two options below for a few weeks now and I'd like some fresh takes from you. Some details about us:- Currently live in queens, ny.- Plan to relocate ...
Hello,I started reading Set for Life by Scott Trench, great read so far! A big proponent of the book that Scott seems to adhere to is the idea of house hacking. Which essentially seems to be the best way to propel mys...
Hello,I am wanting to get started in real estate investing, have been for awhile. However, my market in Chicago is a bit crazy at the moment. Also, CHI just recently decided to get rid of the 5% down program which is ...
My current lease is up the end of December 2008. I am currently considering buying my own home and awaiting subsidy opportunity,,and after approval the right home. If the grant money comes in after I have renewed my...
Hello, I am currently in the process of closing on a 3 family home in Elizabeth NJ. I am financing the home using an FHA owner occupied mortgage. Currently 2 of the units are vacant and the 3 unit is occupied by a ten...
When we moved to southern California, we rented out our house in Redding. Over the years there have been several different tenants. It's a 4600 sq. ft. 4 Bdrm 4 Bathroom home on 20 acres with pool and guest house. Las...
Hey all - I'm starting my trek into REI! I've been listening, reading and brainstorming, and have a few ideas to get started. I wanted to validate some of my thoughts, gather feedback, and potentially make some mutual...
Hey there BP community,I'm just starting out as an investor and I've never bought a property before, so this is a very exciting time for me. This is my dream and its going to come true! So to jump into things as I've ...