Hello BPers!My husband and I will have $80,000 to spend on rental investments next year. We will invest in a buy and hold, in the Memphis area. I am curious how you would invest $80,000...1. Purchase a home with cas...
Has anyone done delayed financing in Florida? I have talked to quite a few lenders - even some that say they can do delayed financing but everyone says it’s based on the purchase price (without the rehab) - not helpfu...
I have a tenant who paid the entire year's rent. Yep, one year in full. It was one of the tenant's parents who actually paid the money and the tenant gave us a cashiers check. The tenants are in their late 30s.In any ...
I'm 23 and my wife is 21 and we'd like to buy a multi-family unit in Chicago with an FHA loan because of the low down payment. 1. How feasible is it to live in one unit and rent out another?2. She's a teacher. Are the...
I recently was brought a deal in the same location as two other properties I have near a major university. The seller needs to sell her house (divorce) and is willing to hold a note for a part of the purchase price. S...
I have tried to make it a practice (recently) of giving something away whenever I have come into some unexpected cash. I realize that I could do (should do) more, but I guess you have to start somewhere.
A few times...
Hello, real quick I am SSG Alfred Swindell am a wounded warrior from the war and really have a strong interest in doing real estate once i retire in the next year, is there any one out there able to share any info a...
I’m working on the finance piece of my first flip, which I hope to start this month. I want to start building a relationship with mortgage brokers, because I need to build my team. Since it is my first deal, I am hopi...
Thought this might be helpful for first time buyers so have all the 2021 options in one place as well as the math for Self Sufficiency Test. Please note I am NOT a lender and just sharing this info as a resource. Feel...
I know (or believe) that there are laws in place to protect a tenant's lease in the event of foreclosure. I looked at a property today that is being auctioned online. The tenant told me that she paid her landlord 6 ...