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I read that every mortgage has a Due on Sale clause, which means you have to notify the lender when you sale the property and pay the entirety of the loan when you sell the property. How do people work with the clause...
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http://www.bloomberg.com/news/articles/2015-03-10/new-orleans-is-auctioning-off-vacant-lots-onlineWhat do you think? Based on what I know about the town and local economy, I wouldn't be rushing at these vacant lots. N...
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I’m just starting out. I’ve been reading like crazy, analyzing deals CONSTANTLY, driving neighborhoods, talking with my real estate agent, meeting with investors currently in my market (and other markets).But when I t...
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I’m writing this post for all the newbies (especially military) out there who have yet to complete their first deal so they can hopefully see that getting a decent deal on their first purchase is actually achievable. ...
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Soooo...I found this fixer upper property on MLS , it has been there for 3days so far. Its listed as duplex, but it has four units rented out . Looks like needs exterior paint maybe more, no due diligence allowed till...
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OK, I recently got into the business...and when I say recently, I mean like 2 months ago. I haven't put a deal together yet but, I was wondering if any of you guys could tell me what you think the most important firs...
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Hello all! Nice to meet you BP! My name is Kyle and this is what my current venture into my own bigger pockets looks like so farShort synopsis, Single, 50% custody, [100%]father. Finally had a divorce finalize about 1...
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Fellow BP-ers,I have been in the short term vacation rental and SF long term rental business for 10 years now, and am entering the multifamily side of REI in an effort to scale and expand my business. I have read a m...
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What size multifamily building does a $1MM purchase price get in your market for a true C/B Class area? Here in Palm Beach County, Florida the most you can get is a 5-8 unit building for that price point. Somewhere in...