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BACKGROUND: Tenant eviction. Tenant did not even begin to move out, even after the judge ruled in our favor. Stayed until the Sheriff lockout. Was not at home at the time. Single mom with three elementary school a...
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Hi all! I'm new to BP and new to this real estate investing world. My husband and I are under contract for our first intentional investment property (to which we will be moving and renting out the basement.) We own ou...
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Hello everyone, I have been scavenging through the forums lately looking for some advice on this and listening to a Podcast right now. Question is how does an eager hopefully soon to be investor get into the game wit...
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So this is a long post but worth the read as it's educational, big time. I am selling off some of my 2 family homes as you might know and my property managers who are also the agents for me wouldn't listen to me. I sa...
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To set the stage, my business partner and I sinvested 50/50 on 3 single family homes in Colorado Springs this year at the age of 25 (average purchase price of 230k-240k). He has recently purchased 2 more homes on his ...
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If I were to use my VA loan to get a multifamily (under 5 units), this whole idea of the one year stipulation keeps arising through other discussions. So my work around, option A. build rapport with a local bank and r...
Anyone ever heard of Realtors loaning the commission @ 2.25% interest rate as a Cash Out 2nd mortgage above 97% CLTV post closing? Example: 500,000 purchase x 3% $15,000 commission- 5,000 for tax realtor has t...
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Here is the actual home: https://www.zillow.com/homedetails/4170-Secret-Shoals-Way-Buford-GA-30518/172439897_zpid/?view=public$469,000 to be exact was the purchase price of a brand new construction in A+ property, A ...
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Hi there everyone! I'm a newbie looking to start investing in SFH. I'm open to a home that needs some work and I plan on living there myself for 1-2 years. My questions are: does anybody have any realtor connections ...
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This question is for those of you that do this as a living, and as a supplemental income.
What is/was your initial primary source of income? And if you've since gone into doing REI as a primary source, how secure di...