David Arehart
Confusing property on the MLS
Hello BP members! I have a few questions about a deal I may have found on the MLS. I'm still new and this would be my first rental property purchase. First, what steps should I take when buying a property with tenants...
Jake Garcia
Property confusion- zoning - permits etc
A property in texas I am interested in that has a house in the front, and a duplex built in the back of the property says this in the description. Would this be a hassle to fix and get going or would this be a simple ...
Jake Garcia
Property confusion- zoning - permits etc
A property in texas I am interested in that has a house in the front, and a duplex built in the back of the property says this in the description. Would this be a hassle to fix and get going or would this be a simple ...
Edward Rangel
Insurance Question !!! I'm little confused
I'm 23 and live in Illinois So I own 1 house and going to buy this 4 unit building with fha loan.I bought my first house with a conventional loan. Okay my question is if I am going to rent out the building. Do I nee...
David Hicks
401K and Cash-Flow Confusion
Hello, I am dealing with what looks like a great deal and here are the particulars:Duplex converted from SF Bungalo$170k for property in $180k-200k neighbohoodDownpayment from 401k - average return is 6% normally, but...
Bill Dengler
Confused "Highest and Best Offer"
So I have been going back and forth on a bank owned foreclosure. We keep making cash offers and they hardly budge on the price. After a month of going back and forth they finally told use "Highest and Best" as they ha...
Aaron A.
Confused on BRRR method. Help?
Hi everyone! This is my first time posting after snooping around for a few months. So I bought my first duplex last May and am living in one side and renting out the other which covers about 3/4 of my mortgage (taxes ...
Jay Coombs
Down Payment vs. Equity confusion
Ok, I thought I understood equity, down payments, and purchasing. But maybe not? Hypothetical deal incoming:Purchase price 65kValue 90kDown payment $0 (not counting closing costs etc. it's an example!)LTV: 72%Okay, th...
Mark Sedarous
FIRPTA Confusion as a Buyer
Hello community experts, I am looking at purchasing a condo in which the sellers title is under an LLP registered in Arizona with both the partners being Canadian residents. I am not using a buyers agent and everyth...
Quentin Brown
Starting out and kinda confused
Just wondering what do yall look for when looking at duplexes.
I saw a duplex that is going for 225k in a decent neighborhood. I havent been to the property yet but it looks fairly well from the pictures. Its 4 sided...