Hi all..question about valuation. In a smaller property with high economic vacancy, is it reasonable for a seller to use market rents to value the property? Specifically, if the property could be rented today, witho...
Ok. Example timeI buy first house to house hack with traditional mortgage. Cool.I buy 2nd house with hard money and refinance with a bank. My problem is when I would go to get it refinanced, my dti would be rediculous...
Hi all, I'm new to the BiggerPockets community. I've been researching real estate investing for a little while now, and I feel ready to take the plunge. I'd like to explain my particular situation: I'm not here to mak...
The fix-and-flip, or rehab, market is one of the most popular places for the freshman real estate investor to start—it comes with the lowest barrier to entry. Shows like HGTV’s Flip or Flop and Fixer Upper make it all...
Hi,I came across a property that is in a potential flooding zone. My realtor outright rejected the idea saying it will be a tear down and will cost an additional 300K.Is it really not worth pursuing the property given...
Can the seller terminate contract due to environmental defects in ILLINOIS?Following a mold inspection, we (buyers) found out that there is mold in the house. After we gave our Inspection Response, the seller;- first,...
Good evening all! So after lots of readings and speaking with some of the people here, Im leaning towards Florida Panhandle market as one of my top 2 choices. From what I understand, best income is to be made in bigge...
I'm curious if BRRRR ("fix & rent") works in the Cleveland metro area. Essentially, the ability to have your purchase price + rehab costs less than 70% of the ARV, so after you rehab you can find tenants & the...
Hi , I am new to BP. I have decided to start real-state investing. I have done lots of research, listed to every possible podcast, BP was the most clear, without much fluff. I want to start in investing in residential...
Hello BP,This is kind of a personal topic so I understand if people are hesitant to answer, but I could use some help with this. I will try to keep my emotions out of it for the most part.I am in the process of closin...