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noob here.....Can someone explain the 50% rule, 2.5% rule.....I can't seem to find a definition for it.
Thanks.
Jim
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Hell on EarthA Story About the World’s Worst Real Estate Flip.As I sit down at my desk to write this story, I actually don’t know the outcome of this home flip. What I do know, is that whether I lost money, broke eve...
So we were under contract for a house. Our closing date got pushed. My realtor had us sign extensions and sent them to the sellers agent. I believe they signed one of them. But the closing date got pushed 2 more times...
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Timeline of events2-3 weeks ago: inspection was completed. No issues with A/C unit given in inspection reportDay before close: Buyer did a walk through and notified me that the A/C was not blowing cold. I called an A/...
I am a little discouraged because I hear over and over about how we find deals and how important it is to establish relationships with investors. My struggle is that I have gone to meet-up events, created a website, a...
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I just took out a HELOC to use as a down payment an investment property. My monthly payments will be low (interest only for 10 year draw period), so shouldn't really affect my debt to income ratio much.Once I buy the...
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I’ve been doing a lot of analysis lately trying to find neighborhoods in my area (greater Charlotte, NC). I've been trying to find homes that are on the newer side so maintenance isn’t a huge issue, and SFR buy and ho...
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If you’ve got any ideas on how to make this seller financing work, please share. :)My wife and I are looking at purchasing a large horse property for our next home. It’s not intended to be a cash flowing investment, b...
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I am confused. I have heard Lease Option, Lease Purchase and Rent To Own. I am not sure I am speaking the same language when I refer to Rent To Own versues lease option.Can someone explain the difference to me? Her...
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BiggerPockets is a great place to come learn about real estate and network with other investors. Our members run the entire spectrum, from newbie to expert, wholesalers, flippers, landlords, and professionals like att...