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Hi BP community!What are your thoughts on purchasing a single family home, renovating it, living in it for a little over a year and then renting it to a long term tenant?I’ve heard mixed responses from different peopl...
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I'm looking for advice, my wife and I have been blessed to inherit a duplex from my father in-law in his passing and share this with her sister so we are 50/50 partners. My dilemma is that we own this 100% and cash f...
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I am looking to buy STR in Mexico and I heard you cannot buy properties 54 miles from the coast. In that case, would you buy something on the beach for STR? Has anyone figured out logistics such as cleaning/maintainin...
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I am a young professional currently renting in a very expensive part of Southern California. I am hesitant to buy a home in my area because they are very overpriced ($700k for a small 3BR townhouse) and I have been s...
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Hello,
I am a little lost. I need to know my next step. I Bought a Condo two years ago, but because of my DTI, I couldn't buy anything else because of the two mortgages I have. I spoke with my friend who is a re...
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Specifically interested in knowing how he is able to secure these HUD homes at such a low cost (he states that it is a secret tactic he uses.)
Any insight appreciated!
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Thanks to everyone for sharing their insight and advice. I'm a new investor and this site is of great help to me. I've read a lot about success stories...I was wondering if anyone would like to share the mistakes they...
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Hi everyone!
I started a company in Brooklyn, NY in order to do wholesale deals on residential properties. After speaking to various lawyers, I was told that sellers will expect me to put anywhere from 5-10% down on...
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Anybody know anything about David Alexander's
Sub 3 program??
When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...