I am looking for an owner occupied multifamily in south central Austin. In the Austin market will I be better off getting a duplex which may or may not have greater appreciation, or try for a 3 or 4-plex which would h...
Hello fellow BPers. I've noticed alot of posts where people don't consider an 8% return to be worth a deal or feel it is taking on too much risk for an 8% return. Whether it's investing in a turnkey property or a r...
Hello I have some questions in regards to wholesaling. Now I understand wholesaling you are basically selling the contract to a new buyer. I have had conversations with wholesaling mentors so I have a previous knowled...
Hey BP,I am a landlord looking to expand in rental properties. I've done it the traditional way of using my credentials; credit, job/salary, personal info. to getting a FHA loan. Although, initially the property was f...
hi all, I am new to real estate investing and recently bought my first property a few months ago and got it rented out! I am thinking about the future and how I will purchase properties in the future. I often hear you...
The day before the closing date (May 30th) I was told that the buyer's financing could not be approved for the FHA loan due to a judgement on his credit. I am now being told by my realtor that I can not sell the ho...
Hey all, Looking for some input at this stage. I currently have no debt, $67k income, 6k saved, 800 credit, first time homebuyer in Texas, and I would live 100% exclusively in that home without renting to anyone else,...
Hi, During wholesale deals we don't provide much more information outside what is posted on an ad before we see a POF from a buyer. Of course, this detours the window-shopper buyers but, I came across a "reputable" b...
I am in the 11th hour leading up to clear to close. My bank just sent me an email telling me that the underwriter wants me to sign and date something that says I will not use this property as an investment property. ...
My banker gave me a call and said the bank had repossessed 100 homes from a group who was buying them for cash for under market value, refinancing with the bank at market value, and using the equity to buy more. Event...