Hello Fellow Pro Members, I came across an investment opportunity that I wanted to ask the Bigger Pockets community about. It will likely have to involve some creative financing (ie subject to, etc) because I don't ...
In this scenario, lets assume the mortgagee and mortgagor are both in agreement and would like to terminate the existing mortgage agreement (rather than pursue foreclosure). Is this even a feasible solution? I could n...
We are ready to buy our first investment property however, we do not have any regular reportable income. Currently about one third of the year my husband worka a W-2 job everything else is usually under the table work...
I’m looking to purchase this property to occupy it. I was thinking about approaching them on owner financing because my wife is currently on a furlough so conventional financing isn’t an option. But I didn’t want to h...
The first guy on the show said he earned average for a financial guy in Boston and that he saved up 3.5 percent for a FHA loan on a $383000 triplex. Overall Boston income is around 60k.
I earn a bit more than averag...
On the financing end we've been subject to FHA's self sufficiency rule for as far as time spanned but recently in early 2016 they (HUD/FHA) changed their 100% income SS rule to be more realistic and added a 25% discou...
I have found a 4-plex property that is being sold. The owner has past away and the property has been placed into an estate. I have been able to contact the daughter that is currently in charge of the decisions and sai...
I have a neighbor who owns three parcels of land. There are four units on two of the parcels and one is vacant. Four units and 7 bedrooms total. He wants to sell me the properties. Is asking 260k and is willing to fi...
I met with a seller today that has two groups of units. One is a set of 21 condos, and the other is 16 units. He said he would consider seller financing.
I would like to establish a relationship with him to get bet...
Hi all, I am new to BP but not to real estate investing. I started buying homes in college and worked my way up to beachfront rental homes in California. Since I didn't have anything like BP to guide me, and I was ...