Trying to follow all the good advise here, such as , buy for all cash, extract the equity out on a cash refi loan. Rinse and repeat. Sounds easy, but no one said the loan is based on my tax return income in order to...
My wife and I are planning to move to Minnesota within 3 years. I have a lot of experience on CMBS and multifamily loans but not much on the ownership side apart from a duplex that I managed for my parents in college....
Hello everyone!So I've been wholesaling for about 6 months now, but I've never experienced a deal quite like this. I got the property under contract for $58K, and the seller still owes a mortgage of about $54K. She re...
A bit of a novice here so please be gentle. I own a 1100 sq ft house in SC that currently has a Natural Gas wall mounted unvented heater for its primary heat source (1 unit). I have used this for 4 + years with no f...
Hi, I have purchased and absorbed several of the books and other resources offered by BiggerPockets, and combined with my personal preferences and abilities, have come to some conclusions. 1 - I am not interested in s...
There is an article in Yahoo news, yes I know not the best news source, but I thought this one was interesting. Here is a quote:
Landlords who own between one and five single-family rentals make up 88% of the almost...
My wife's daughter (50) and her two daughter's (20 & 21) are living with us in a two bedroom apartment. The landlord has become aware and wants the "guests" added to the lease if they qualify. They don't and will ...
Hi everyone!I recently inherited twenty chickens from my tenant! Post below and entertain us with the weirdest or most notable thing you've ever inherited from a tenant!
Hey folks, I have had a long and more than full time career in manufacturing. My wife and I have some seed money that we'd like to invest into real estate in the area we'd like to retire soon - Asheville, Hendersonvil...
I just went to a website to apply for pre approval and they require 15% of the loan amount in the account, is that the norm now? Back in the day it didn't require this but it has been several years so I figure I woul...