My Grandma has a reverse mortgage on her house, she is no longer living in it. I don't fully understand how the reverse mortgages work, my dad at this point is about to turn the keys over to the bank. Is it worth purs...
Hi BP,I'm new to structuring partnerships. If I'm hunting the off-market deal, negotiating it and locking it up, and my partner is bringing in the down payment and (possibly) rehab costs, what is a fair equity/cash f...
Hi All,Newbie here. I'm excited to finally get my first property but overwhelmed. Any advice on how to give this bathroom some updates while not overspending? (I want it to be tenant-sturdy). I think I will replace th...
My daughter travels with work. She is thinking of renting out her house for short term rental while she's gone to make up for some of the costs of being gone (she has some special need dogs that cost more to board). ...
Is it possible to negotiate prices of these properties like normal properties or are these prices firm?
I heard Fannie Mae has his own closing procedures, how high will be the costs for this? Thank you.
-Uwe
I have been reading bigger pockets and copying good articles, forms and tips into word documents. I have been listening to bigger pockets podcast and writing down important things. I have this stored on my compute...
Hello new member here findings the forums very informative. Here is my situation and questionsI have 1 primary residence (Condo) and 2 investment properties (both condos) both of which are rentals. I am not a professi...
When I first got interested in RE, I could never understand buying a "quality" duplex. By quality I mean, a nice neighborhood of mostly owner occupied singles, and then there's this one duplex, first class, beautiful....
We are new to Real Estate investment, and just start to learn the market and the analysis process. Interested in one condo, and below is the numbers and info:
- asking price 67k; (just dropped from 72k in May, and has...
Hello! Anyone have any thoughts on Alabama as a potential market? I know it is landlord friendly, low tax rates, affordable... Any insight?TIA