I am about to purchase an investment home and I thinking about selling it using owner financing.  I am getting a private loan to purchase the property for $58,000 will put $5000 into rehab (it is a foreclosure that is...

We just got an email from the company holding our note. He is calling the note due. Let me go over a few of the fact so people can better help.

The note went into foreclosure about 2 years ago when we got past due ...

Let's say I'm carrying note with a Security Deed as collateral.  Terms of the loan are no interest with a balloon payment upon expiration of the note.  If the note has expired and the payment is not made within that t...

Hello BiggerPockets,

I am wondering if the same principles applied to finding off-market single family residential deals would apply to those in search of finding off-market multifamily (triplex & up) deals. The ...

I've sent out 2 months of direct mail to absentee owners with parameters such as >50% equity >2bdrms, etc.   I've sent out 2250 letters and post cards and gotten 57 responses.  That's a 2.5% response rate.  I ha...

Is it smart to use an FHA loan to purchase a multi family investment property as a first time buyer? Or should I pay cash for a single apartment. I thought it’d be a good idea to use fha loan since I’ve never purchase...

Hello BP,I'm in the middle of trying to close a deal on an 12 unit apartment building ($375,000). I'll be doing a land contract with the seller. I have a verbal commitment from the seller on the terms on the terms of ...

Hi everyone,
I'm new to this. I'm helping my father expand his RE portfolio. He's obviously more experienced since he already owns one CRE property.
I have some questions.
He wants to stick to Bank Financing over ...

Good morning!I have identified an 8-plex that I am strongly considering purchasing.  This would be my first foray into multi-family of any kind and I want to be sure I'm not missing something.  So far the costs that I...