Hello fellow BP'ers,
Both my partner and I are self employed in the horse racing business. We can't provide any W2's or a proof of monthly income due to the fact that our earnings are based of off race outcomes...
I currently have 50-60k to invest in my first rental property. There are many single family homes and condos for sale in my area listed anywhere from 40-70k. Here is where the question arises. I was discharged from ...
This summer I bought 2 rental properties cash, which are all rented and earning a good amount of income. I am now tapped out cash wise and would like to finance an additional rental property. A LO told me that becaus...
I had a duplex appraised to get a loan on purchase...it was requested that it be done in "as repaired" condition. The report was returned with that verbiage on the cover, but there were "condition" downgrades based o...
BiggerPockets! I work at BP and I'm working on building a landing page for Detroit. Would anyone be willing to share why you choose to invest in the city? Why is it a great city for investors?
What do you say to a seller when they ask how does a short sale benefit me after I've done bankruptcy? Are there even any benefits? What I've been saying mainly is that its added protection and gets your name out of i...
How is everyone else planning on handling this?http://www.investors.com/politics/editorials/hud-t...The Obama administration has just made it easier for felons to move in next door. Landlords who don’t want tenants wh...
I recently purchased a 200acre piece of ground located minutes from Selinsgrove, PA. This trabct has a farmhouse 3 bed 2 bath, 4 car garage, and two barns. I am currently renting the house for 850 month and the land t...
I read in a thread concerning California where multi unit residentials are selling around 4-5%.. which lead me to a good question.. As investors from across the country, what do you consider to be a good cap rate? Bei...
Hey BP friends!I'm looking for some advice on a property in our portfolio. It's 150+ units in Oklahoma. Built in the 70s. Flat roofs. C+ property.We purchased this property thinking we could reinvest all of its cash f...