What is the downside to purchasing a multi unit (28 units) building (currently approx 90+% rented), if rates rise, and the economy slows? I heard on podcast 3 that the guest lost millions in the 2008 downturn. I am g...
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I'm a newbie, and for my first investment I'm gearing towards an out of State STR, where I can also use as a vacation home and depending where I'm at in my life, retire there. Is an STR a bad idea as a first investmen...
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I've been looking into the future lately, maybe 5 or 10 years down the road. I was wondering what happens when I want to sell my real estate business. Lets say I've built up enough business to net around $3 to $5 Mill...
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Hey all, I have a simple question.
I want to purchase an REO as an investment property but I'm not sure of the process. Do I need to be sure to tell the bank that it's going to be a rental or does it matter? I plan ...
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Hello BP,
My name is Eric and I am from St. Louis, MO. I have been lurking on BP for about 3 months now and wanted to share my story.
Graduated college a year ago and found myself working crappy j...
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Help BiggerPockets! I am in desperate need of some help and advice to steer me in the right direction. I jumped out there and bought a house that was supposed to be a rental property but when we looked at the area...
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Bank of America just announced zero down payment, zero closing cost, and no minimum credit score mortgages for Black and Hispanic first-time homebuyers. https://www.bloomberg.com/news/articles/2022-08-30/bofa-tests-no...
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Hi all, I recently moved to Las Vegas. Currently in market for a primary residence but also looking to buy SFH rentals in the coming months and finally start my real estate investing journey here. Do any of you local ...
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I am fully underwritten for an FHA loan to buy a 2-4 unit property in the bay area up to $550,000 ( possible higher depending on the income of the other units).I am considering a place in West Oakland, currently a sli...
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So I'm 20 with 1000$ saved and I don't want to go to school because I know that I want to start investing. I'm looking through google trying to find a good duplex but honestly, I don't know what I'm looking for and wh...