Just want to start out by saying that I'm not planning to actually purchase anything for 8 or 20 months depending on when I sell my current rental property. I am looking for feedback/advice on deals I'm analyzing as p...
How do you analyze a rental property if you know you are going to use an FHA loan for your first deal, while using the 2% and 50% rule? I know how to do the rules but how do you incorporate the right numbers If you kn...
Hey All,Just finished my salesperson course and passed the course exam. I am not in the midst of preparing for the New York state salesperson exam.I have been preparing through Barron's and taking old exams. Has anyo...
Hello everyone,I have a question about a strategy I think will work but I would like to pass it by y'all before I pull the trigger. I have an owner who contacted me today and was looking to sell her property. Now at f...
I plan to purchase my primary residence (Ft. Sill, OK) with the VA home loan (live in one year) move, rent this residence and use an FHA loan on the next. Is this possible? Does anyone have an alternate route to get s...
Hey BP family, There’s something on my mind that I thought I had a grasp on but, seems like I don’t. If I’m working with a PML. Say he or she wants me to bring 15% to the table and they’ll finance the rest. Does that ...
Haha alright, tenant says he has to talk to me about a reading he had done on the place. I was unsure what "a reading" was? He informed me that a lady came out to do a reading and found out the place is haunted... bad...
Has any investor out there completed a seller finance deal. No bank in first position either. A complete purchase with the seller carrying half or the full note. Can you give complete detail of the whole process from ...
Has anyone built their own 4 plex or larger?
Our RE business is in a small town (8K people, surrounding area adds up to 10K). The apartments in my town are all owned by the same family and there's two low income apart...
My situation is similar to someone who is $20,000 in debt on this forum. I live in the Inland Empire of Southern California and have an interest in investing in rental properties. I am currently paying off my debt as ...