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I am buying a duplex and inheriting a tenant that has been there for 4 years, a single mom. It seems she is usually late with rent payments but catches up within few months. She is otherwise good tenant and keep her u...
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In November 2023, Fannie Mae introduced a new policy allowing owner-occupant loans on 2-4 family homes with just 5% down, a significant change from the previous requirement of a minimum 15% down payment. One might thi...
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.... it has been CRAZY!When I recorded my podcast, I had just quit my job and started my journey as a full-time investor. The one question I get asked most about the podcast is how we were able to grow so fast. We d...
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Anyone else applying for an SBA Economic Injury Disaster Loan? Based on what I've read in the Stimulus Bill we all might be eligible for a 10k grant advance.
"(e) Emergency grant
(1) In general: During the covered p...
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Hi all,TLDR: I'm 50 and want to scale quickly and be FI in five years. For my first MF, should I start small with a duplex or jump straight to large MF since I want to eventually get there anyway? I.e., is there val...
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Hey Everyone!I'm looking at short term financing options for a BRRR deal in New Bedford, Massachusetts. I cam across Finance of America Commercial and spoke with a representative who sent me over an application packet...
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Hi Everyone,This is my first post on BiggerPockets.Can anyone point me to an article/video/resource that will teach me how to select the best city/state to buy rental property in and factors that I should consider whe...
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My wife and I just finished our first flip. We put the house on the market about a month ago and have had almost zero traffic (two showings). Empirically, I know this means it's overpriced, despite an initial listing ...