DEAL!!!This is a no brainer FIX and FLIP. Am I right? Not a bad area. 80K owed to the bank per the county assessors website. Asking price of 129K. Comps between 210 and 370K.Used the flip calculator with conservative ...
Suppose I find a house for a friend to buy and I purchase an option on it for ex. say 90% FMV less minor rehab at most and resell option to friend for say 10% plus I'd be funding it for him until I sell his house for ...
Good day!I have started contacting as many banks as
I can for my 1st investment property. I will be house hacking in
Baltimore City, Maryland. The property will have to go in my name
initially, so I can reap the...
Hey everyone!If you are looking to buy out of state for buy and hold properties, how do you decide if a neighborhood is 'good' or 'bad'? I've tried looking at areas via Google street view, but I know that's probably n...
Anyone have any experience in renting to military families. Pro's and Con's of the BAH (Basic Housing Allowance), turn over rates, best ways to market rentals (ie how to get in military lisitings), and are there any b...
Hi All,TL;DR -- How do I evaluate properties that I will house hack? Should I look at the property holistically, or with only one unit of income? I'm interested in house hacking, and subsequently purchasing multifamil...
Preparing Loan Requests That Get Funded Lenders are driven by many factors; one of them is self-preservation. Simply put, no lender wants to make a deal that goes “upside down” Therefore, a would-be borrower, wants to...
Hey BP friends,Backstory:I'm in process of rehabbing a 1920s house in San Antonio, Texas, which has a cedar post pier & beam foundation. The house is 1600sqft total with a second story being only 500 sqft. The fou...
Ok a quick question for you guys.
I am buying my first property from a Realtor. I have been working with her a lot and enjoy her as a person and as a Realtor.
I have found a second home on my own. I dont know if I s...
If I sell an investment property and put the equity into a 1031 exchange can I use that to pay cash for a house and brrrr?