Finn Irving-Dent
Is the 1% or even 2% Rule Applicable in Australia
Hi I have recently started looking at investing in property in Australia and within NSW more specifically. The 1% rule where the total monthly rent is equal to 1% of the property purchase value has come up frequently ...
Mussa Kiroga
Newbie takes a step
Hello BP,
After reading a few books (BP's own UBG included.) to get started I have decided to take the first step.
I am a total newbie and but yet decided to start out by focusing on multifamily propert...
Robert Musallam
Analyze My Seller Finance Bay Area Deal
Hello BP!My business partners @Travis Limbocker @Courtney Limbocker and I have found a 6 unit in San Jose that is in need of significant repair. Here's the deal:Sale Price - $1,272,000 - 0% interest for one year. 6% i...
Cal Mitchell
I work 2 seasonal jobs and am steadily employed all year. Will I be able to get a mortgage?
I work for a home improvement company in the summer and I drive home heating oil trucks in the winter. They are both stable gigs and I make between 50-60 K a year. I am trying to prequalify for a loan and was just tol...
Daniel Ramirez
Charlotte, NC - looking to connect with wholesaler
Hey BP community,As I've mentioned in previous posts, I'm looking to do my first buy/rehab/flip deal. I've been patient for a few months now, working with a realtor to land a deal through what comes out of mls. I've h...
Rhonda Florence
New member, looking to house hack in the suburbs of chicago
Hey guys, I'm new to BP and I'm currently in the process of looking at areas with multifamily properties to house hack. Any information on hot markets in my area or tips are greatly appreciated.
Dave Nardi
Need some advice from seasoned REO agent.
I have a lot of experience with residential real estate but not so much with REO's, some but not a lot. I was just referred to an Asset Manager. I contacted her and she said to email my contact information to her. S...
Eric Fung
Hyper inflation buy or not to buy?
Hi all,I’m in the process of buying a duplex but my wife (boss) advising against it because of hyperinflation. I’ve been trying to research and read up on hyperinflation with real estate. A lot of it isn’t good news. ...
Teresa K Sibert
Can lender recall mortgage because of quit claim deed
I am in the process of buying a new home. In order to raise the down payment I am selling the home that I co-own with my brother. He is currently incarcerated, and there is a trust (which actually owns his half). The ...
Brian Brigham
Conventional Loan as Partners
How would a lender want to see things done if Partner A were looking to assume a convention mortgage for a rental property, using Partner B's money for down payment and closing costs? I've read here that some folks h...