I currently have 2 very nice 3 bed 1300 sq ft houses that I paid full retail mortgage for of $110,000 each 5 years ago. My idea was to buy and hold the 2 properties by paying extra on principal on one and the very min...
I am getting this house under contract tomorrow but it has this huge hideous commercial lot right next door of what it looks to be a dirt pit of sorts. I am thinking that this house is probably going to make a good re...
Hello bigger pockets community, I am a new investor in little rock looking to buy and rent out a triplex or fourplex property. Besides finding a good deal , i know that I need founding. With that being said my questi...
I plan to build a portfolio in cities near Royal Oak Michigan for cash flow and equity with a buy and hold strategy focused on small multifamily units. I work as an engineer with a stable salary and I am planning to f...
Good morning! I need some advice please. I'm interested in this short sale duplex in the Los Angeles area. The agent said that the current tenants are very problematic and the back unit of the duplex is currently rent...
Just bought my first investment house. It has potential to be a duplex or a 5 bedroom. If it was a 2 unit it would have a 1 bedroom ground level with a laundry room, bedroom, bath K & L with the top 2 floors havin...
I’ve been practicing analyzing properties with hopes of buying my first one in the next month or so. When I analyze properties, I account for vacancy, maintenance and cap ex (along with all the other expenses) but her...
Looking to purchase a rental property for $330k, leases are already in place for the following year and rent roll is $3200 per month. At 25% down I’m looking at roughly $2300 for principal, insurance, and taxes per mo...
Hello, I am currently in escrow buying a house from Fannie Mae, I discovered that the house is in a high risk Fire and flood zones, I decided to back out of the deal but it was after the 10 days inspection contingency...
Can you explain closing costs for different types of real estate deals? I'm sure that they differ from location to location, but what I really want to find out the different costs for different types of deals? 1. Is c...