Hi all, I am currently searching for a 4 unit to buy and owner occupy using an FHA 3.5% down loan. There is nothing in my market that is desirable to me, so I did an off market mailing campaign to all 3/4 unit owners ...
Good morning! I've located the first multi family property I would like to purchase. The property has 6 mobile homes and one 2-family home. I can purchase the home at a 20% discount of the value, and I have $20,000 t...
Hi BP!
JC again, thank you all for the help so far.
ANYWAYS here is the scoop, should I trust this Lender?
LOAN DETAILS AND MONTHLY PAYMENT OVERVIEW
LOAN DETAILS...
I have been saving up for my first real estate deal. I have read a multitude of books and steadily soak up info from podcasts. I have enough knowledge about what I'm looking for to take that initial fear out of my fir...
I'm pretty sure this is a good deal - my offer was accepted, but I still have an inspection that needs to pass.
Duplex (side by side, 1,600 sq ft each side)
Purchase Price: $19,000
20% down - $3,800
Mortgage on $15,...
Hi everybody, it is a good idea to enroll my closing cost into my loan??
Any Sugestion
Correct me in I’m wrong cash flow is calculated through NOI minus the Mortgage (NOI-Mortgage=CF)And ROI is calculated by dividing CF by the down payment (CF:DP=ROI)Is all of the above true?
I have this property I recently remodeled, and went very possibly over remodeled. http://www.biggerpockets.com/forums/223/topics/142...Now I get a call from a prospective tenant that says she is willing to pay a whole...
When a buyer asks to pay for all closing costs, exactly what would the seller be paying for? And how and why would a seller even agree to such thing? On a duplex of approximately $350,000 in NJ how much would the sel...
I closed on a refinance for one of my rental properties last November. The re-fi was about $3249 in fees and another $831 in pre-paid interest. I got a 1098 form for my pre-paid interest. However, I still have another...