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I purchased 1 and UC for 2 properties this month two of which I'm keeping as Long term rental. The first 699 E Gold Dust, San Tan Valley AZ comps around 375K and I purchased for 393K so I'm lost about 18K equity by p...
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Just curious if anyone here has gone through the process yet. Everything that I have read thus far states that loan forbearance payments will be due as a lump sump at the end of 30, 60, or 90 days. In other words, you...
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As I've been getting calls from potential sellers the words 'seller finance' and 'lease option' are met with near automatic 'NO's. When asked why sellers always say they don't want to deal with the property and th...
I was wondering if anybody that buy and holds a house if they ever use the positive cash flow to pay off a house faster?? Is this a good startegy?
Lets say you pay it off faster then you get all the rent the tenants...
I am new here, and along with the Bigger Pockets guides, I recently read Brandon Turner's "7 Years to 7 Figures." That piece lays out 3 fundamental principles: get a good deal when you buy (20% discount), appreciate ...
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Hi, there is a 4-plex I'd like to buy. However the asking price is a rich $920,000. I figured out based on NOI, that if I put 3.5% down as an owner occupied FHA loan, that all I can afford to offer is $500,000. He pos...
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I'm a newbie, and for my first investment I'm gearing towards an out of State STR, where I can also use as a vacation home and depending where I'm at in my life, retire there. Is an STR a bad idea as a first investmen...
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I've found a few deals but the properties are inhabited by tenants who are either in the process of being evicted or they need to be evicted for being behind on rent. Should this stop me from buying the properties? Wi...
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Great news everyone!
http://www.housingwire.com/news/2013/04/26/lawmakers-fight-save-financing-manufactured-homes
p.s. For those who support this bill, here's a link if you'd like to write your representatives: htt...