I purchased a duplex in Minneapolis with a FHA loan June of 2015 that I owner-occupy. I've had an appraisal recently and have hit 80% LTV and since rates are still low I've been thinking about refinancing into a conv...
Hi all,If you had an applicant with bad history ( eviction last year, and bad credit) and thinking of giving this person a chance, how would you set the terms? Rent? Special clause? Safety deposit amount? Any special ...
Greetings and salutations!A friend and former colleague suggested BiggerPockets as an early resource in beginning a more active path in real estate investing. I suppose I've been living under the proverbial "rock" for...
Hello BP Community,Brandon Turner often says on his webinars that +$100/unit is a base hit, +$200/unit is a home run, and +$300/unit is a grand slam. I love that rule of thumb so much, I actually have it posted on my ...
Looking to refinance current residence from VA loan to conventional as a primary residence, however I am being warned that I will need to live in the current residence for at least one year.Has anyone else heard of th...
Dear BP, Seeking advice on the following situation, I am mostly a Wholesale Real Estate Investor & Fix-n-Flip Investor and don't hold any Rentals, so I have never been in this situation, but please read below, and...
Hello everyone. I’ve been using the rental property calculator on BP and searching for properties on Zillow, Redfin, Realtor, etc. for 10 months now. I am currently looking for SFHs and SMFHs in the San Antonio area a...
I've located some distressed properties in my area and am in the process of contacting them and am open to suggestions as to making a template I can write up that is persuasive for them to let me list there properties...
Is this real estate frenzy going to end anytime soon? Have heard multiple buyers being outbid by at least 50-100k OVER asking in the Denver market. What's your advice to a buyer in this market?
Hi All,
My situation: First time home buyer. I was approved for $320K by a lender. I am located in Florida but I am open to relocating anywhere in the US for the right opportunity. My plan before I knew anything,...