I just purchased my first property (SFR) back in November 22' and I am soon to be starting the construction process of an ADU garage conversion in the back, and i was wondering if I can live in the ADU once it's built...
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Can Seller Financing Benefit the SELLER?
Most “Gurus”, authors, advisors and experienced real estate investors preach obtaining seller “carry back” financing for property buyers in order to (1) obtain financing when ...
Greetings BP Community!
I am an aspiring Real Estate Investor and searching for my first deal. The forums have been extremely helpful so far in helping me get started on my research. However, I still have some outsta...
Hello, first time posting here.
I'm contemplating the sale of a rental property I own. I have a net equity (after commission + repair allowance) of $116k in the property. The home is worth 300k. I'm wondering if a 1...
Hello Everyone! I just bought my first rental Property and closed on it at the end of the month. This is in the state of VA. I was able to get a decent deal on it since I got it off market however there is a big cavea...
Using this new build as an example: https://www.redfin.com/IL/Chic... . It's two units and they're asking $1.4m. The top unit is a 1800sq ft. 3/2 simplex. Bottom unit is a 3500sq ft. 4/3 duplex down. Sold as vacant la...
On October 22, the CFPB finalized targeted amendments to the Dodd-Frank Act mortgage rules that took effect in January 2014. The amendments include: Points and fees cure. Under the Ability-to-Repay/Qualified Mortgag...
Hello-I hired a contractor to rehab 4 bathrooms in a SFH (my primary residence). The work is about 70% complete but for the last 2 months the contractor has stopped showing up. Maybe once a week if we are lucky. Al...
Hard Money Lenders aren’t the “loan sharks” that the general public would like to assume from the use of the words, “hard money.” The term “hard money” brings to mind the idea of mobsters breaking the kneecaps of del...