Hi everyone!

Just put an offer on an older home
It doesn't seem to have gone through any restorations but I have a budget that I will not pass if If my offer is accepted.

I wanted to know your stories on your hist...

A brother and sister inherited a house and are in title as tenants in common. The brother, who lives in the house, wants to sell but the sister, who lives out of state, is refusing.

In the mean time,...

2 duplexes. 4 apartments. Both for $250k (this is a packaged deal). Owner will help pay for the closing costs.

A.) 800/month, $700/month in one duplex
B.) $825/month $675/month in other duplex.

A.)...

I have never been through the HML process, but it is to my understanding as soon as the property has been properly rehabbed and up to code/inspection you must convert from the high interest HML to a conventional l...

So here are the stats on the property I found:Found owner through yellow letter, asking price: 178k, near a mid-sized city in WA state2 bed/2 bath on each side, somewhat updated and in good condition (pretty standard ...

Previous owner sold empty 40 unit apartment for $700,000 and gave 100% financing to the new owner.
New owner renovated and filled the building. New owner died and his estate is anxious to sell.
According to the Realt...

I have read that there are a number of obstacles when buying a SFH under an LLC (i.e. having to use a commercial lender, higher interest rates, shorter amortization and balloon payment after 5 years). As a result, man...

please help me get to the bottom of this.  I currently have 6 financed rental properties. 1 is owner occupied.  I am trying to do a cash out refi on the 2 most recent purchases to get the cash out I spent to fix them ...

This seems to be a pretty popular topic on BP these days so I thought I'd add to the wholesaling/marketing discussions. A little background and then we'll move on to the details.

Background
I started my journey in No...