I would like to know how to use an FHA loan to buy a multi-unit property and how to get the 20% down payment for a property of about $599,999.00?
Thank You,
Has anyone been able to find out if the recent rollbacks on Dodd Frank change the number of houses that an investor can sell to a non-investor, using seller financing, before the seller is tagged as a loan originator?
I'm a newbie so please be nice! :D After reading this site and being a member for a week I have a couple questions. This is my first REI deal, I have been checking the local websites for a couple wholesalers in town....
Is it possible to own too many rental properties on same street or subdivision ?? I have five on the same street that I paid 86k ave. rent 950-1000 a month.Now some owners are calling about buying theirs..Thanks for a...
This is a little complicated to explain, but I'll try my best! My mom has gotten behind on her property taxes and her house (fully paid off) was set to go to auction on Tuesday, March 6.We (fiance and I) have just ove...
Hi everyone,We're about to begin the rehab work in one of the properties we purchased in Old North Milwaukee. Our contractor mentioned that there's a possibility of adding an extra 1/2 a bathroom to the upstairs floor...
Hey BP members,Have anyone in here ever went door to door knocking a pre-foreclosure list? Any results? What is your experience? Would you recommend doing it? I don't mind getting rejections so I would like to give th...
Hello BP!I own a 3 Flat property on Chicago's Near West Side and I am planning on increasing rent in the following manner:(Rent increase is due to market rents and a hike in property tax)3bd/2ba, 1,150 sq ft Apartment...
I have been communicating with a "private Lender" who is willing to lend me funds for a particular project. Having never met him, I'm looking for advise as to how to check him out for legitimacy. He sent me a copy o...