Ray A Delfi
Anyone use a VA construction loan to rehab and buy a property?
I found a property for sale asking price 200k with some structural issues. My plan is to live there for a while but it’s a perfect opportunity for a rental when we move on in a few years. The home’s AVR is $280K with ...
Joseph W Lennon
Would you buy a rehab next to a hoarder house?
All other things being acceptable, would you buy a house for a fix and flip when the next door neighbors are hoarders? The next door neighbors visibly treat their property like a junk yard (cars, equipment, etc.). Our...
Shamika Beckley
STR on a VA home loan
Has anyone ever purchased an STR on a VA home loan? Is it possible? New to REI and still learning the ropes. I currently reside about 45 mins outside of Orlando and think this is the perfect place to have a STR with...
Eric Medemar
What's Your Excuse For Not Investing
You can either make excuses or make progress, but never both!
Every year I talk to countess "Investors" who:
* Have been thinking about investing
* Have been reading about investing
* Have a friend who f...
Max Lichtenstein
Steps before buying Property
Hi BP community,I wanted to know what are your steps you take before buying a property. You get your pre approval mortgage from a lender and for the position I am in that is what I have to do. What do you look for in ...
Victor Nguyen
Single Family Unit or Duplex for a First Time Investor?
I am a first time real estate investor trying to build my real estate portfolio. I hav some excess cash that I would like to put in a rental property. My goal is to get a little bit of cash flow and appreciation. I un...
John Davis
Damaged New Cabinets
Hello all! I've been lurking here a while, and I finally need some feed back.I am currently in the final leg of a 2 family rehab, (203k) where I will living in one unit. Cabinets (Aristokraft) were delivered this ...
Patty Capson
Collecting rent through Venmo
In the past, I have only collected rent by money orders. Last month a tenant asked me if they could pay through Venmo. Is there any reason why I should not let tenants pay through Venmo?
I have tried to collect th...
Account Closed
Short Sale objections
Hello,
Some of my pre foreclosure owners are perfect candidates for a short sale, (1st and second notes are about equal to the market value, or are upside down) but they have basically given up on homeownership, and a...
Julie Park
Using security deposit?
This is my first multi family property and one of the tenants are moving out early. I found another tenants but I am unsure if i could use security deposit (from the tenants who are moving out) to pay for deep cleanin...