Brandon Kalp
First Time Duplex Deal Analysis, Live in one side and rent other
Hi all,I have found a property went to visit it and have a few questions, any feedback will be greatly appreciated. For the background info: I am looking to buy a duplex live in one side and rent out the other. Asking...
Adam Jaggers
Have Seller willing to finance, now what!?
Ok, so I had an extremely motivated seller approach me about buying their property. I told them I didn't have any capital available at the moment but if they were interested in seller financing I was sure we could wor...
Bethany M.
Existing Land Contract effect on New Lending
We have not needed a mortgage since acquiring our personal residence on land contract. We are now considering a sizeable mixed use purchase, also on land contract. In the event of seeking financing through a convent...
Lynn Campbell
Selling financing contract
I need help from someone who is knowledgeable with drawing up a seller financing contracts. I want to purchase a home that is $40K . The seller agreed to a rent w option to buy but because there is no mortgage on ...
Oswald Gomez
Should I establish a business entity for my first rental?
25M from Sacramento, CA and I bought my first rental home in June of 2019. I plan on purchasing more once I save up enough for closing costs again. Now my question is, should I establish a corporation entity for my re...
Nathan Remington
Am I understanding the 50% "rule" correctly?
Hi, I am looking to purchase my first multi-family property. From everything I read on posts and hear on the podcast the 50% rule says that you should save 50% of your rent to cover expenses and the other 50% should c...
Ernst Drouillard
Rent out short sale
Has anyone had any experience of rent out the sellers home while doing the short sale and split the rent with the seller and then flip the home to a landlord with tenant in place
Houssain Alderawy
Pay off personal home to invest with heloc
Hello Bigger pockets fam.I am seeking some investing advice on how to purchase my second rental property.Currently I have a free and clear rental property that's worth about 120k. My primary residence is worth about 2...
Sarah Lorenz
Partnering with family who needs housing to buy MFH with 3.5% DP
I have a couple of family members who do not own their own home, and I was thinking about proposing to partner with them to buy a duplex and provide the 3.5% down payment. I was thinking that perhaps we could agree to...
Mairi Bowie
SAFE Act Compliant Direct Mail
How best to comply with the SAFE act when sending direct mail to brokered lists of late mortgage payees?