We were thinking of putting an offer for a short term vacation condo in Maui Hawaii (~400k) but decided to not go forward with it because of high 3.75% interest rate for 30 yr Fixed, 20% down. We knew that STR's fall ...
hello bigger pockets community.I am currently looking at homes to purchase. How can you tell if you can add an additional bedroom or bathroom to a property. How does one choose a property like this. All while keepi...
So my first real estate investment (which was also my worst) was a condo I bought to live in a 37 unit complex. The entire complex was renovated in 2007 and long story short the developer ended up going belly up. So a...
I've seen several others post on here that they are lawyers, or
financial advisors, etc. and they're open to questions from anyone.
I have received a lot of help from this site, so I figured I would offer
the sa...
Right now Fannie Mae has a rule about not backing a mortgage on a condo if the HOA has more then 50% of its units as rentals.I have a rental property in this situation. There is lots of equity (about $80,000) and I w...
Hi BP,Is it true that All HOA'S in Florida are not accepting buyers with FHA loans ?Thanks YA
Initial Offer: $20,000
Seller Counter: $22,500
Special Assessment: $58,000
Total Cost after Assessment: $80,500
Taxes: $2,200/year or $183/month
HOA: $324
Rent Range: 1,200-1,400
Landlord Insurance:???
Tenant Pays Ele...
Over the past few years as I travel the country, I hear more and more people saying that their municipalities are now requiring Landlords to let the city into their rental properties. On top of that, the Landlord h...
If a house you’re looking to buy has an attic, but does not have attic access what is the worst thing that can happen?
There's a property in central Phoenix that is a condo. The owner of it has a HML on it as it can only be purchased by cash or hml. I have several exit strategies for it but can't find a cash buyer or JV partner wantin...