I have a property scheduled to close in a few weeks. There are currently tenants, and the contract states that the property will be vacant at close. Do I need to have something in writing from the tenants stating th...
Hi BP Family! I am fairly new to REI still. Have been on the browse for the right deal for me to dive into my first flip. I have gotten pre-approval on HML already, small personal budget, good credit score, and found ...
Hey BP, I'm doing some analyses on multi-family buildings that I'd like to finance through FHA as an owner-occupier. In the calculator, I don't see anyplace to reflect the PMI. Am I missing something? Or does someon...
As a Realtor/Property Manager I can not emphasize enough the value in doing your due diligence when purchasing a property out of state. I personally receive calls from investors who have made purchases or who are abou...
A little bit funny. This same seller https://therealdeal.com/chicago/2024/05/08/first-chicago-sel... who tried to be greedy by offering $0 co-op for buyers agents. They finally gave up and decided to rent out their ho...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $222,000
Cash invested: $22,000
Contributors:
Vincent Crane
SFH with an unfinished basement that I ...
Common wisdom may argue that REOs are better deals than short sale. The market have been exhausted, the auction didn't produce results and now the bank is with the back to the wall trying to get rid of the property. W...
Trying to figure out a realistic way to potentially upgrade my primary residence by selling my current home and purchasing another in a competitive market (San Francisco Bay Area). Any thoughts on how to finance this?...
This question and thread was born out of some very good advice concerning "eliminations" Scott W. and David Krulac gave in another thread.
What things do you "eliminate" or remove from a home before renting it in an ...
Real estate investors will not spend a lifetime deferring capital gains tax by taking advantage of the 1031 Exchange to simply throw in the towel at the end of their “active” investment life. Logically, investors will...