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I am interested in a duplex which has 2 tenants paying $775 a moths each. It is in a great location and $1700 is the tax amount. It need some updating but it is in good condition. How Can I analysis this deal? I tried...
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I have been working on an FHA Wells Fargo short sale. Aprox. 130k owed, BPO came in at 55k which I thought would be perfect assuming I could get it at 88% of the appraisal. I have made three offers 42,46, & 50k....
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Hey everyone,I have been in the real estate game for awhile but mainly only do rentals. As time goes by the idea of notes seems like a nice niche to look into. The whole idea of getting started in notes is a bit con...
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I just experience my first guru event and I am feeling very confused, complacent, and frustrated. I went to this event with absolutely no intentions on signing up, because of what I learned from listening to the bigg...
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Hello everyone!I recently started a thread regarding creative financing - namely lenders offering HELOCs on a rental property, instead of a primary residence. A few mentioned PenFed, or Pentagon Federal Credit Union. ...
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Question about capital gains. I purchased a lot in August of 2022. We put well, electric and septic on it in 2023 and now in 2024 we are putting a manufactured home on it. This will be my primary residence but I may w...
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Has anyone else actually ran the numbers being used in the Example Plans in Chapter 5 of The Book on Rental Property Investing by Brandon Turner?
I’ve been plugging the example numbers being used into a spreadsheet s...
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Hello, Bigger Pockets community!I am very excited To have finally closed on my first investment here in Liverpool NY as a 19-year-old investor as of last week and be auditioning for the Bigger Pockets rookie podcast t...
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OK I know the Dodd Frank law has been discussed many times and I'm not necessarily asking about particulars on the law. My question is for anyone understanding it much better than I or others possibly in my situation....
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The scenario is as follows:Husband - only on initial 2 properties mortgages with bank. Wife currently does not have 2-year work history & not on mortgage.1. Husband owns 1 property solely and only on his name as h...