I live in rural NW Iowa. When I moved out here I found that rentals are very scarce. I came across a house that is selling for $43,000. I don't have enough cash to make buy an investment property with 30% down, but th...
The global real estate market is expected to grow from $2,687.5 billion in 2020 to $2,774.5 billion in 2021 at a compound annual growth rate of 3%. The transfer of wealth that occurs throughout real estate...
Hello,Has anyone heard about changes to the Freddie Mac Home Possible Loan for multifamily (2-4 units)?We just got into contract to find out that the 5% down will only be honored with a closing date of 2/15/2021. Anyt...
Hey BP community,
I have came across a possible 8-plex for sale, which has a unique history, that I need some advice on.The building has 8 units with 7 of them rented weekly and one rented monthly. This is obviously...
Hello to all! Here is the scenario. A young couple (both 25) are relocating to my area and are interested in renting. The monthly rent is $2050/month. Their combined income is 90K. I did an in-person walkthrough, and ...
Hi I’m a first time home buyer looking to purchase my first home to start the house hacking processes to get started on my investment real estate journey.
I have been told by a few agents that Foreclosures and FHA t...
I’m in a LLC partnership with 2 other people. The accountant who one of the partners has always used did our K1. We bought some lots, built two houses, and sold them. He put the income down as capital gains instead of...
I came across a house in a nice area of NJ that looks pretty distressed compared to those around it. Did a little research, found the owners name and after a quick google search looks like the person has a current add...
More recently I had a great deal... it would've been my first. Had it all under contract and was only waiting on the appraiser report from someone that was through the lender (should have been a independent person). T...
Newbie hear. First post. Looking to possibly purchase this property. Ran the Number conservatively(Or at least i thought so)Property would be purchased vacant with very minor cosmetic rehab if any at all.Seems to comp...