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I'm wondering if you can point me in the right direction. I have a SFR in Maine that can be purchased for 50k. Needs 40-45k in rehab. ARV is 135-140k. Is this a deal? Bank owned property. The contractor doing the work...
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Just wanted to verify something with my BP team.
Let's say you signed an offer to purchase or some other contract on Oct. 5. The other party accepts your offer by signing and dating on Oct. 10.
Is not Oct. 10 the le...
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I have a general question for you seasoned landlords. I recently bought my first property and have found renters. They will be moving in tomorrow evening. Actually, the wife will be coming alone while her husband s...
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Hello BP family, I have a question about EMD funds and proof of funds for purchase. I'm working on buying a duplex, the owner is willing to land contract (owner finance) with 20% down 5% interest and 15 year amortiza...
Hi: I need some advice on doing 1031 when vacant land developed into single-family.[ and change of address ]
- In 2017, my trust (pass-through entity) sold a piece of land, did 1031 exchange, and acquired 10% proper...
I am trying to purchase a HUD foreclosure. I am new to all of this. I really want to let my college age son live in it and fix it up while he finishes college and then in a few years have a rental. I’m being told it c...
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Hi all,
I was working on a pre-approval for a conventional loan on an investment property today with Chase. After filling out the application and talking to a loan officer, she told me they're not making loans on mul...
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I have a somewhat unusual situation. I have a couple of properties in a relatively new middle class neighborhood (started building out in 2005, finished up in 2015, I bought my properties in the 2008 to 2011 time fram...
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I have a somewhat unusual situation. I have a couple of properties in a relatively new middle class neighborhood (started building out in 2005, finished up in 2015, I bought my properties in the 2008 to 2011 time fram...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2079758/small_1696942112-avatar-dennisu6.jpg?twic=v1/output=image&v=2)
I have a model female tenant at my property. She is respectful and has never caused any problems. Her lease says very clearly that guests are only allowed to stay on the property overnight with advance written permiss...