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Hello BP Community, I've started building a small portfolio of 4 properties and 15 units. I'm interested in expanding, and one way to do that is to bring in additional investors. I'm struggling with coming up with how...
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Hello all, so here is the deal;
Bank owned property listed at 153k
After seeing, I offered 155k plus closing (7k) which brought my offer to 162,500k. Still not too bad but possibly too high for bank owned.
I elec...
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Hello, I'm looking into buying my first investment property (I'm in Los Angeles), and I found an amazing triplex, which is way under market. I found out that is has a lien on it, because the owner built an additional ...
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Me and my friend/contractor put a all cash offer to buy my neighbor's house in Los Angeles. I created a LLC for which me and my friend are 50% owners. We have a proper operating agreement. provided proof of funds and ...
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Hello, my name is Julian. I am a licensed realtor based in Atlanta, Georgia, and I am currently working on obtaining my mortgage origination license. I am 14 hours into the 20-hour online course offered by "RealEstate...
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I just had an apartment transaction fall through yesterday due to changes in lenders requirements for buyer. The lender reduce the loan amount by $1 million and required a reserve account set up for 12 months P ITI, $...
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Greetings BP, I recently came across an off market property for sale located close to the Central Ward in Newark. The asking price was 150,000 and I offered them the full amount to purchase the property. Currentl...
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Hello Biggerpockets community! I am about to go to contract on a townhouse that is located directly across the street from my son's college. I am doing this because I am currently paying $10,000 for his dorm (not in...
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Hi Everyone - I am looking to do my first house hack in New Jersey. I want to purchase a multifamily unit that has one 3/3 and one 3/2. My understanding is that I would be able to do this with 5% down, but I just got ...
I have recently submitted an offer on a bank owned (Bank of America) property. It has been over a month and I have still not heard anything back from the bank. Should i move on? I'm new to this process and don't hav...