I am new in real estate world and I am currently looking deeper in FHA loans so that I can live "free". However I am not so sure how to find a good reliable tenant that pay on time. Thank you
Hi all, I bought a townhouse/condo in Salt Lake City, Utah and I am planning on doing long-term rental with it. I want to get insurance for it but there are a lot of things I don't know since it is my first property. ...
I would like to acquire a 4-plex a year for the next several years to build up a portfolio. I am planning on doing FHA for the first property. I am willing to move once a year to make these owner occupied financing. M...
I'm looking at flipping a 1992 manufactured home/mobile home. My concern is that I invest time and money into rehabing house and then go to sell and it turns out to be hard for buyers to get financing for it because i...
Hi BP. I currently have about 8 rental homes under an LLC. 2 are being rehabbed and do not pass the four point inspection and are vacated. I have contacted several insurance agents for quotes/coverage strategies an...
Hi everyone!
My name is Matt. I'm 29 years old and new to real estate investing. I've spent the last 3 years getting myself completely out of debt (student loans, car loans etc.), listening to the Bigger Pockets Po...
Here is the scenario the owner wants 200k for a home. You cant use a 200k conventional loan. He owes 100k on the property......Can you assume his 100k loan and then also do a seller finance for the other 100k?If so wo...
Should I have boots on Ground complete form W-9 form even if the total amount I'll pay for a year is 100-200?
I found a property for foreclosure. It was set at $180k and area estimate showed a real value of over $250k. I know that on paper it looks like a great deal. But, this is my first property I am trying to buy and my so...
Frequently Asked Questions:Q. Does our condo park and association need to become approved by FHA or HUD before FHA reverse mortgages can be insured? A. Yes. The HUD Mortgagee Letter issued new guidelines for manufactu...