I am trying to purchase my first property, the mortgage company is letting me go up to 320k on a conventional loan. I currently have approx 33k set aside for real estate endeavors. Should I keep saving money in the ...
Investment Info:
Bought some land in Fredericksburg Texas to create an STR for those avid hunters and wining trips. Been invited to plenty over the years, rarely and barely went. Understand the appeal, will market to...
On a recent episode of the BP podcast David Greene recommended matching the amount on your preapproval letter to match the offer price so a listing agent doesn't automatically think they can get more from you. This se...
Put contract on a land. Options on what to do with this land is unlimited. To start with I am planning to RV Park. Any recommendations on options to get easy approval on land loan? looking for less investment with bet...
We had just been bidding on a REO and we had supposedly come to an agreement. We had signed an original purchase agreement, but the bank hadn't signed off yet. Then we received a 5 page addendum that nullified most ...
All-This is a long one; thank you in advance for reading :) Not an investor (came here because I realize and value the experience of professionals). Our current home is under contract; hoping to net out $300k cash af...
Ok, so I've been struggling a bit here. I recently received a list of REOs in my area. I've been trying to find similar properties that have sold recently and I am unable to find a single comp for the 30 listings I ...
Hi all
I searched in BP and found lots of posts talking about how to get new mortgages after you hit 10+ financed properties. However my question is a little different - After hitting 10th conventional financed prope...
Hello everyone! Thank you for taking the time to read this. Firstly I want to mention my friend and I are complete beginners to investing and flipping so any help/guidance is greatly appreciated.
My friend recently l...
My brother's family owns a few very nice homes in a resort market that he rents out. The rentals are primarily during the summer season as that is when people visit the town. Of course, they are having a harder time w...