I'm finally taking action!!! I will submit my first 3 offers tomorrow on some REO properties. I wanted to know if it is standard to not enter a contingency for due diligency period of 5-14 days. I thought this was fa...
We recently learned of Wells Fargo restricting investors from purchasing short sales. Has anyone experienced this with other lenders who hold FHA loans? Is there anyway around it?
Greetings all I am new here, I'm 23 I left college 16 months ago and began working on the books In april 2020 at my current job. Currently I make 900-1000$ bring home weekly(variable income). This is going to be the f...
I am purchasing a house from a friend of a friend not through the MLS and with no realtors. We are in escrow now. We made the deal at $325k and the seller covers $7k in closing costs. The appraisal came back with a va...
I have a question regarding lease option buyers. One of the assumptions we make about lease option buyers is that they probably can't qualify for a bank loan. If that's the case, what are some of the screening techn...
We are looking to step into the multi family area. We currently have a few SFR and I feel confident in walking through one and looking around. Is it typical to look through every unit when buying an apartment complex...
Hello,
My name is Alex and I have been a member of biggerpockets for a few years now. I've used this site over the years to educate and keep myself motivated and interested in real estate investing. Im happy to sa...
I was close to buying my first home, which included another rented home, on one legal lot, through an FHA secured, 3.5% down loan (at the ripe age of 45).The loan officer I was going through at first said I was eligib...
I am a new investor in a new market (I moved the Phoenix metroplex a year ago) and have been thinking about real estate for some time. I have recently gotten very focused on making my first investment, so I have been...
Looking for advice on how to get around my mortgage broker who flat out just said no to my refinancing enquiry. I have 2 pieces of personal property. Primary residence and land owned outright (future forever home). ...