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I'm looking to buy a quad/four plex on the market in Austin TX. The property will be purchased at 750K, but I will only place 5K into the deal at the end of closing and etc. I'm slightly worried about the "As Is" term...
Good morning all, we just bought a triplex in Phoenix which was fully occupied about 2 months ago. We assumed the lease of the 3 units, rent collected is way below the market average but we thought we will bear the l...
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Can someone please describe to me the thought process they go through when deciding on whether to finance a property through fixed or adjustable rate mortgages? More specifically, I'm talking about residential single-...
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Hello,I am new to the site and am currently working on learning accounting and bookkeeping for our 1st rental property purchase. I am using GnuCash and am looking for other users to get feedback on accounts setup and ...
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I have a couple interested in a unit. They did a smartmove credit check, and both came back with "Not enough info".They make well in excess of the rent, about 5 times. Verified income.But there's no credit cards, no l...
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Hello Everyone! First time using Hard Money lending. I need your advice to see if the terms are fair from this local hard money lender. The want to set me up with a $500,000 LOCPersonal guarantee -Interest: 9.99%-90 d...
What are some of the biggest hurdles professionally that you've encountered and how did you make it over the hurdles?
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Hello Everyone!,I want to start my real estate career and I'm not too sure where to begin. I'm in Minnesota and I've been browsing homes for sale on realtor.com, zillow & trulia. From what I gathered so far in my ...
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Greetings BiggerPockets!Just last month, I started crawling, walking (& dare I say running) towards being a new real estate investor! Last night, I was reading the Morris Invest Case Study 2.0 (@tyler jahnke) and ...
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Has anyone had experience with www.steadyprivateloan.com? Their website looks legit, they had me give them some basic information, send them pictures and comps, and they agreed to do the loan of the purchase price plu...