I was pre-approved to buy a house in NYC (a goal I've had for a long time)!  I now have an accepted offer on a triplex in the Bronx.  I'm looking at a 10-20 year hold and rent strategy. Loan requires only 3.5% downpay...

Hi BP Community,I would like to get some advice/opinions on my first purchase.  Little background first, two years ago I made the decision that I wanted to get into REI obtaining buy and hold properties.  With little ...

Here's the situation: I am looking to purchase my first investment property in Denver, CO and I intend to split the upstairs and downstairs with secured entries to both for rental units - upstairs 2 BR/1 BA, downstair...

Hello Bigger Pockets,I have a dilemma regarding the transfer of a property from an elderly friend of the family to me. This lady is 90 years old and now lives in a nursing home. At present she still has assets and I p...

Hi All,

I am planning to close on my first rental property tomorrow in North Charleston, SC.  I purchased the property with 5% down.  It is actually two homes on the same lot that I plan to separate with a fence.  ...

Good morning, I am very new to all of this and have recently looked at a two family home.  The numbers work for this home and the price is good as well as not needing to much repair or fixes that I can tell.  I'm stuc...

This is a little complicated to explain, but I'll try my best! My mom has gotten behind on her property taxes and her house (fully paid off) was set to go to auction on Tuesday, March 6.We (fiance and I) have just ove...

Hello BP,My parents have agreed to sell me their house. The value of the home is $125,000 and they owe $35,000. This will be an investment property, it’s located in NJ. I tried to do a “Gift Of Equity” loan but the le...

Hi everybody -
I have a rental property purchase lined up but need to borrow cash for a short period to change my eventual interest rate on the conventional mortgage. I'll be using the equity in the soon-to-be-purch...

It was suggested the I connect with the the Houston REIA (HOUSTON REAL ESTATE INVESTMENT ASSOCIATION) group in my area. So, I signed up and got free tickets to the monthly meeting for this month's Tuesday for me and a...