I'm wondering about the FHA loan. I know that FHA wants you to owner-occupy it if you buy a 4plex. But, what if you have a place somewhere else... do you actually have to go and physically move to that 4th unit? Or ca...
Hello all,I would like to get some thoughts on whether it is worthwhile to meet with an attorney to set up an LLC and the actually contracts/assignment contracts to make deals work.I tend to be a DIY’er but an skeptic...
Hey BP,
I'm a newer investor looking to scale up, and something that seems to be throwing off my calculations are expenses that don't seem to match reality. Currently, I use the following numbers:
1) 10% Vacancy
2)...
Is there a way to see what rents actually went for in a neighborhood I am searching, or is that information not readily available?
Many of the listings I see show many actual vs. projected values, such as "actual net income" and "projected net income."
What is the difference in these? How accurate would a projected number be--seems like ...
Hi folks. Sorta new to investing and sorta new to BP. Does anyone have advice on financing? I am 2 conventional bank loans in and I don't mind doing it this way. The problem is the 25% down payment. Even on a $30k hou...
Hi,I'm a new investor in the real estate realm. I have been put in touch with someone that wants to sell 3 distressed properties very cheap. I have an experienced contractor to visit the places with me and give me est...
Might anybody venture an estimate on this? . . .
1) a 60 year old house in dated but reasonably good condition is purchased for 75K
2) the insurance agent's system determines that the correct replacemen...
So looking for investors in my market area. I've posted on FB market place and Craigslist, with no luck so far, I keep running into other wholesalers that try to cut the price more on my property I have under contract...