Let me preface this post by saying this is going to be my first property purchase. With that, I want to do everything in my power to ensure that this deal will be a positive experience. I have recently found a 2bed/2b...
I am looking at purchasing a 7-unit property from someone we know. When my wife first spoke with her about the property she brought up that they would be willing to provide owner financing with 20% down from us. We ...
Hello Biggerpockets community,
I am in the process of refinancing a 65 units apartment in California and I have a great deal for a 223 refinanceHUD loan (3.5% for 35 years). However, I realized there are many downsi...
Howdy! Looking into getting into REI and have been looking at different systems and vehicles to get me there. We don't have any huge goals of owning 1,000+ units or raking in millions a month. Our goal is just to repl...
I own a two-story duplex where water constantly drips down the siding, even when it hasn't rained for days or weeks. My property manager had someone inspect the issue, and they initially said the AC unit was the probl...
Hi everyone, I'm brand new to investing. I'm in the saving/research stage but plan to start with a house hack in the next 1-2 years. I've been reading a lot about 203k loans for rehab properties and FHA loans with 3.5...
I've heard on numerous occasions that there are downsides to obtaining your RE license and being an Investor. I have still not been able to figure out what these downsides are. I mean obviously the cost to get the the...
Hello BP. I'm in the process of structuring my first BRRRR and had a question about using hard money. Would HML's be typically willing to finance ONLY the rehab portion of the project (i.e., I buy the property for cas...
I am an Army Physician Assistant (aka Doctor Helper). My hard money lender is offering to fund 100% of my next deal. I have used him 3x before so he's exceptionally trustworthy - however, do you see any downsides with...
I'm considering e-mailing this to my new tenants. Any thoughts or reasons why I shouldn't? Thanks!"As I am preparing the lease I recalled Chris mentioning you plan to live in the home for longer than the 15 month leas...