Bought the house in 2020 and have lived in since. Up to date on payments. Have lived in house since 2020. Conventional fixed rate mortgage which was sold to Fannie Mae shortly after originating. Wanting to turn into r...
I happened to find a property that the owners are offering a 20 year NNN Leaseback "Sale". They list the Cap Rate at 7.88%. On an apartment building, I understand that Cap Rates are calculated based on Net Operating I...
Hi all,Quick question for the folks on the multi-family BP forum here. I'm a relatively new real estate investor with a few single families and a few smaller multis (sub 4 units). I have aspirations to move into large...
Here is an article I wrote: Texas Closing Checklist for Every New Homeowner
Angela Walter, Texas Attorney - If free to message me if you have any legal questions!Whether you are purchasing your first home or the next...
Hello, Newbie hereBirmingham, ALI recently purchased a tax lien to a property that has a residential structure , i have received the certificate already and the property has been assessed in my name (received the cert...
Hi there,
I met someone who works for a title company at a networking event last week and exchanged info. Just curious, I already have a title person that I've worked with, but always think it's good to make...
Hey folks,I'm so close to settling on my first rental property. I plan on house hacking it and I'm looking at a 20% cash on cash return after all the expenses for this property. The numbers seem to work. The property ...
Hi everyone - moving into my first multi family here (duplex) in about 3 weeks. I will be living in the upper unit and renting the other one until I move out and rent the upper one as well. There is no in unit laundr...
Hey guys,
My family and I are looking to rent this property from friends of the family. We are moving to a new city and really love the pictures of the house and expressed an interest in buying the house if we get se...
Hi BP, I found a property thats supposed to be foreclosed on next month due to behind taxes...I reached out to the owners basically the owner is deceased and didnt leave a will no wife or kids...only a brother and a s...