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Hi, Thinking of buying a new house and renting out my current house within the next few years. The neighborhood has really shot up in value over the past few years and houses are selling for $500k+. My question is th...
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My dept. is currently battling with an FHA rep. who will not approve an FHA loan on an REO we have for sale because he is classifying our practice of liquidating REOs as "Flipping".
We recently aquired a portfolio of...
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Talked with a motivated seller (divorce and moved) this morning who is selling through a realtor. Here are the facts of the situation:-Been on the market for 6 months. Original listing price $250k-Asking price $195,...
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Hi.I was wondering, how do people trust others with their money without knowing them?Investing out of state without knowing the people seems threatening.I wonder how people build local teams without traveling there? ...
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Hi BP. I have a potentially profitable situation but wanted your opinions. My realtor has a property he wants to sell for $15K. He tells me it appraised at close to 42K. The rent is $525/mnth, but the tenant pays $575...
Is there a good way to verify a Private Lender?As an SFR investor I was PMed by a private lender through biggerpockets with some really good rate & terms, like conventional loan type numbers.I haven't given them a...
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Hello to All:I am brand new to REI, just getting started and trying to learn all that I can. After everything I've come across, Multifamily is what gets me most excited! Currently looking to start in small multifamily...
My wife and I are new to investing and have found what we believe is unique and exciting opportunity in our location in Central Wisconsin. I have run the numbers and would love to get a second opinion from the Bigger ...
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What should I do? I just used my savings to close on my first rental property. I’ve had a few interested but no one has signed a lease, though someone has reached out to me to buy it and they offered a renting to own....
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Hello Lovely and Helpful BiggerPockets Community,
I'm currently looking to nail down my process (website by website, click by click) on analyzing Comps of a subject property so I can get an educated estimated ARV.
C...