BiggerPockets Members,I am a new investor seeking a location (or "farm area") to purchase my first multi-family property (2-4 units). My plan is to move to the location and finance with an FHA loan. My goal is to live...
We are hoping to buy our first buy-and-hold property by the end of this summer. We feel like we've been analyzing properties ad infinitum and just need to take action!
We live in the East Bay Area (Livermore) and wo...
I am officially in the process of collecting rent for the first time ever. I have collected rent from one unit in the form of a money order and a second in cash. What is everyone's strategy to collecting rent in cash...
Are there other options besides taking a loan from my 401k? I can loan myself a max of $50,000. While that will help, I may need more and I have a pile of cash sitting there that I'd like to diversify away from stock...
I am looking to purchase a single family home and turn it into a rent-by-the-room situation. PadSplit is suggesting to take away common spaces like the living room and dining room and turn them into bedrooms. I think ...
When acquiring a property, is there any benefit to taking out less leverage on a property? Let's say you finance only 50% versus 70% of the acquisition price.
Why would anyone pay for a property with all cash or more...
Here's a lease I'm working on for a property I now in CT. Anything you would add?Steve---------IN THIS LEASE the words "we", "us" and "our" mean the Landlord, ________________________.The words "you" and "yours" mean ...
What are some hot points to look for when trying to determine the location of a potential property to rent? I'm sure when looking to rent out a property you always run the risk of no one biting but what are some thing...
Maybe I just need to rant but I have always had a hard time with wholesalers in my experience. Why do some wholesalers take a house listed on the MLS, get it under contract for a slightly reduced price, then put their...