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Do you tell your lender that you plan on having the seller carry back on deal?
For example, I want to get into a property with a conventional investor loan. I need 25% down, and the loan covers 75%. If I have...
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I am looking to buy a fixer upper. I’ve been seeing some options come through a wholesaler that are multi family and some are rented currently. I would aim @ renovating the property and increasing the rents. My girlfr...
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I bought my first house with 20%, rented it out. My mortgage with tax and insurance is $1400 and I rented it out for $3000 per month. I am making a good profit and I know now is the time to buy. I know how to rehab ho...
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For someone who is a newbie like me, how does one finance the very first deal without much Capital? How did you all finance your very first deal? And was it a success?
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Hey guys, this is my first post on BP. I really enjoy spending time on this website, its filled with tons of good info and resources.
Currently, I have 6 units with my dad. I'm 22 yrs old, work full-time and invest o...
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Hello everyone, Since Mid 2015 I was educating myself on how to obtain stressed, cheap, ugly SFR to fixing them up, rent them, refinancing and do it again – that was my plan for 2016. However, on the last week of Dec...
I am looking into a fee fha streamline options. I currently have 5% interest and pay 1758 per month. I'm working with two lenders, one says he can get me 4.5% and a check for my escrow balance of 4000. The new monthly...
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So I have a bit of a dilemma without even begining my great REI career. Just a bit about me:
I earn an above avg income
Owe 245k on my personal residence (married 3 kids). No other debt.
My long t...
Hello Everyone,This is my first post on BP.A little background, I just graduated this past June and want to get into real estate investing as early as I can.I live in California, but I don’t think it’s a good idea to ...
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Property Description: SFH in Austin, TX; 3/2, 1200 SFBackground: My father is retiring and moving to the beach. He and I have had conversations about my desire to own rental properties and have discussed me purchasing...