I am brand new to real estate investing. Outside of buying and selling personal properties I have never rehabbed a property or owned a rental. I have the following capital available for investment:150K personal cash30...
I'm looking for some advice regarding structuring a deal through seller financing. The owner of the property is a relative, who purchased the property (condo in Miami) for $200K in 2014. She's 90 and looking to remove...
I have a option contract that I have been using for my offers on SS and I have been reading that some people are recording a Notice of option to help them get by the seasoning issues from lenders and FHA. My question...
Hello Veteran Real Estate Agents,Can anyone share information regarding how to get a RE license in Southern California, including suggestions for companies that provide training and exam prep?What are the pros and con...
Hi biggerpockets!
First off love the forum!
We are submitting an offer on a 4 unit multi family with owner
occupying 1 unit. Owner would like to create an LLC for this multi-family property as well as each MF he buy...
I am in a 1031 and have a replacement property identified where I may receive a credit from the seller at closing. Would that credit need to be applied to the property immediately or could I take that as cash and stil...
Does anybody have any experience subletting a house in the Chicago area? I am not talking about short term AirBnb style of subletting. I recently posed the question to a potential landlord and he replied that every pe...
I work a comfortable 35 hours at a job I love. I have tried working there longer (up to 50 hours) and it just wasnt sustainable. I am saving for an investment property and currently live rent free with my parents. The...
So I'm sure this question has been posed many times, but I can't think of a good way to search for it so...
When I analyze a deal, I generally assume 25% of gross rent as reserves for any rep & maint, capex, and ...
Hello BP Members,Looking for advice purchasing first investment property. We are selling our current home, moving, and then purchasing another primary residence at our new location (Phoenix metro area). I have enough ...