Hi there, I've been looking into purchasing my first residential property somewhere stateside. My intention is to purchase a property and rent it out as a I continue living abroad. Needing a mortgage to do so, I was w...
Good afternoon, folks. First time poster here trying to figure it all out before I jump into the pond. I have a few buy-and-hold prospects with good leasing margins, but I don't have the 15-20% down for a mortgage on ...
Ok, my question is, my wife and I share a joint bank account. My wife's income is higher than mine, but, is mostly tips, pay for services, and other deposits like that. Her credit is not good either. my income is abou...
Hi my dear BP community, I am new to REI and going to purchase a turnkey. I want to ask if the seller usually pay part of the closing cost. My current contract asks the buyer to pay all closing cost, but my lender men...
Hello everyone! My husband and I are potentially looking to purchase and flip a great property in LA through a personal connection. The area has great comps and we would buy well below retail value before the rehab. D...
I have an adult special needs son. I bought a 4-unit property for him to live in (I occupy one unit as well) and so that when I die, he will have an income stream above and beyond his Disability payments. In order to ...
This past weekend we had two different applications for two different properties that had one thing in common. Both applicants submitted totally fake W-2s. You can’t just rely on automated screenings. You really need...
I wonder what everyone's opinion is on starting with a 200-300k rental property In Sacramento, Ca area or investing in rent to retire turnkey? Does anyone have experience with them? What you need to start off investin...
I am an out of state investor considering acquiring a rental (SFH or Townhome) in Littleton for 1 year lease terms as a buy an hold property. Appreciate any feedback and pros and cons about the rental market in Little...
Hi All, I have a specific case. This is in South Bay Los Angeles (lawndale)wondering what a good profit is, and good list price considering the numbers, Or instructions on how to get this information.Purchased duplex ...