Brand new to Bigger Pockets. Through show 19 so far, but first post.I just got a property under a standard 1-4 residential TREC contract in Ft. Worth, TX for $45K. It is schedule for a tax sale on June 5th (next Tuesd...
My name is Jay. I own a property in Pasadena, CA. I have a stable job as an engineer. I have no real estate experience outside of buying one property. I am excited to be a new member on BP. I hope to establish friends...
Hello. I am beginning the process of looking for my first investment property. I live in Ca which is very expensive. I am interested in investing in Washington state as well. My questions are, is it a good idea to inv...
Hello everyone,
I hope I'm posting this in the right forum. I have found a HUD home I'd like to purchase as a rental. It's a great price, great neighborhood, solid numbers (50/2) etc. Here's the problem:
The HUD di...
Hello All,My name is Kristina Murray, and I am planning to relocate to the Cincinnati area from Los Angeles. I am looking to purchase a 2-4 Family Unit, with a max cost of 200k (FHA Loan). I am hoping to gain insights...
I have been poking around BP for about a year now, hemming and hawing about what my future investment options are. While I am new to real estate investing and still educating myself on the concept, I have been intrigu...
I'm a first-time home buyer looking to purchase my first rental property. I'm wondering whether negative cashflow for appreciation is a bad move for someone starting out.
I have a strong interest in buying in Folsom,...
Roommate/tenant situation.
Tenant has job and fairly good income ($50K+). Room for rent: $400something. Could easily pay that.
Tenant has a small claims - dismissed case from 5+ years ago.
Tenant has a small claim...
It would seem that if the formula for buying a fix&flip is 70% x ARV - Rehab, then the formula for buying a NPN that you intend to foreclose/fix/flip should be x% x ARV - Rehab, where x% is less than 70%, but w...
Can I have the nuts and bolts of buying on contract explained to me? If so, please explain in simple terms as I am a newbie.
I do appreciate the help and time!
Thanks