Hi! I just got preapproved from the lender today for my first rental property! I haven't bought a house since my primary residence in 2007, so this financing part is new to me. It seems like traditional lending is ...
BP,
So, I'm trying to get a deal off the MLS and this agent, after telling me that her client is motivated, tells me she needs a "proof of funds" in order to entertain any offer. The problem is, as you probably guess...
Hello Everyone, I am wanting to get some insight as to what others would do in my situation. I have a home that I own in the Denver area and currently have about 250k in equity after paying the agent fees. In todays m...
Astoria, Queens: Two-Family Properties, good investment?
Intro
Astoria, Queens, has long been known for its culture, heavily influenced by European countries like Greece, Italy, Germany, Poland, Croatia, and other c...
So I know I need to establish an LLC to protect my families assets, but I'm a bit confused. Seeing folks setting up a holding company, Master LLC and sub LLC's below that? I know I'm not using the correct terminology,...
Hello BiggerPockets Community!I have a question regarding an add in my local news paper classifieds. I've had my eye on a property in my neighborhood that has been vacant for a few years now. I visited the city assess...
I purchased an apartment in the Chicago area near my university campus while I was studying back in 2006. Of course they gave a full-time student with no real income a mortgage with just 20% down payment back then. An...
Hello, I'm looking to purchase a earth home that is in bad shape. Basically, the owner wants out and his bottom price is $45k. The lot itself is 1 acre and the houses around the area are selling for $140-250k with s...
Hello BP Community! I'm new to the game of real estate investing and I'm doing my best to dig deep into the resources available here to make sure I start off on the right foot! The BRRRR strategy appeals to me in the ...
So I'm looking at properties and find a single family converted to a 2-unit. If I've interpreted the county's tax website correctly, it was sold in 2011 for $13k. Looks like it's been rehabed and the listing price is ...