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Looking for a little insight.Here’s my scenario:I have 2 sfh without a loan against them. I have a duplex without a loan against it. I have a duplex with a small loan balance. And I have a sfh Airbnb with a loan on it...
SFR rental in Santa Rosa, CA is projected to be $916 monthly negative. Rental income is $2400/mo. Operating expenses $1571/mo. Current mortgage payment is $1745/mo. Expenses include $240/mo paid to one partner for PM...
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I have a motivated seller that I need to send offers to within the next 2-3 days. But I'm struggling to structure this deal in such a way that will allow me to stay in the deal; rather than wholesale.Seller Owns this ...
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Would you consider a tenant applicant who supposedly has great rental history, great work references, etc., but works for himself and gets paid in cash, "under the table"?This is a red flag for me as I assume if he bl...
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I'm looking for a hard money lender and I am being asked to provide all of my financials and credit for a 'pre approval'...I'm confused...why would there be a pre approval without a deal being submitted? and why am I ...
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Hello Everyone from the western suburbs of Chicago! I'm excited to be part of a community of real investors and reading others thoughts and experiences on BiggerPockets.
I'm looking to invest in rental proper...
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Hello BP,I am a newbie pro-investor currently raising capital for my first property in the United States. I am living in China and will be for the next few years, returning to the US only to buy. I would like to get s...
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Hello BP we are all on here because we take pride in our properties and doing everything we can do to be great landlords. Everyone always says oh your a slumlord, and I really don't like that and actually kinda take o...
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The plan my partner and I have is to use a wholesaler to find a distressed single family home with an owner who is willing to do seller financing. However, we will only consider a property if it is priced at 70% of th...
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Hola,Please provide input on this situation. The facts:I am trying to use equity in my rental for start up capital.The home is valued at $88.5K. I owe $47K. The interest rate is a ridiculous 7% (which I'm working t...