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So I found somebody who is an experienced real estate investor who needs somebody with some credit. She has a short sale under contract for 79k and another investor to fund 10% down and rehab costs. My role would be...
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What are the things to consider regarding a starting out strategy? Should one lump a good bit of available cash in on one rental or try to stretch that out with 10% down and taking out a mortgage across the first 5 or...
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Hi all,
Please pardon the dupe from the Local Pittsburgh forum -- wasn't sure the best place to post. I am a new investor in Pittsburgh from out of state. (I am closing on a triplex for cashflow shortly.) I'm lookin...
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Hello BPers, I'm currently in the process of buying a house in the Houston area and need some help on understanding the Objection section of the contract (section 6D). Appreciate if you can share your knowledge and ex...
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As somewhat of a newbie to REI I’m curious as to why a seller would want to sell their property off market? What are the advantages?
It seems to me the more people who see your property the better, so why limit the ...
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I am hopefully going to get a duplex under contract next week, each unit already has tenants on current leases. In one unit, the rent is 2,200 a month on the lease, which the tenant was paying, but lost his job and th...
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Land Trusts are the absolute best way for almost every real estate investor to take title to a property. They provide protection, privacy, and easy of purchase and sale. When you put a property into a Land...
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Hi all,I'm a true newbie from Orange County, New York. My path here seems quite similar to many - stumbling upon and reading Rich Dad, Poor Dad and I've been a regular viewer of Dave Ramsey's YouTube channel. As a r...
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I was told yesterday by my trusty title company that they will no longer close on properties that do not have title insurance. I bought a property two weeks ago and bought a policy. This week I sold the property and...
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Does anybody have accurate up to date information on how a newly build or a renonovated structure will be appraised if it is a detached ADU . I have been told that it will be asessed differently on square footage to t...