Hi all,
First time posting but long time lurker! I am seeking advice today as i am less than a year out from hopefully purchasing my first investment - a duplex upon which i plan to househack. Just looking for guida...
I am looking a multifamily. the current owner states a few tenants used their deposit while living there. What do i need to request from the owner and each tenant to ensure no issues later. Thank you.
Found a 38 lot park that has been totally run down. Basically 0 income. 38 lots with water and sewer. All the homes will need to be removed and the roads re-scraped. My idea is to buy new mobile homes a few at a time,...
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Dear BP,I closed on my first home/investment property. An old, out-dated home with a ton of potential. The max I want to go is $15-20K.Rather than using my own cash, I was thinking about financing the project for a ye...
I'm in the process of making an offer for a Fannie Mae Property. Just received a rather long (17 pages) Addendum to the Purchase Agreement from the realtor. 1. Para 4a requires a declaration whether the property is or...
How do I structure the offer asking seller to finance the down payment? I qualified for a mortgage (excellent credit; solid W2 income), but don't want to use my own money for down on 2nd home. Seller has $175K mortg...