New to BP...and having a blast!People, I need your priceless advice/guidance on a couple of topics. Very basic stuff that YOU know and I dont :)1. I bought my house with an FHA originally at 6%. Current market value a...

Good Morning, Folks -Looking to see if anyone's willing to talk about how they got their foot in the door financing their first apartment building. I am a new investor (bought my first SFR in July) and am starting to ...

Hello,

I met with my local commerical banker today about obtaining a line of credit on an investment property that I have. (discussed in previous thread). As I anticipated, he suggested for me to put together a pers...

We made our monthly county trustee's sale today. Pretty quiet. About 150 properties on the list. All got canceled except 26. Of those 1 was purchased. All the rest went back to the lender.
In chatting with some of th...

BP Community,Has anyone had any success in getting zoning changes in Grand Rapids, MI? There are a couple of different properties that I've seen recently that would require zoning changes. Any tips, tricks, strategies...

Hey, I am new to REI and am undecided whether or not to take out a personal loan to quickly amass my down payment for my first property?My wife and I both recently moved to Texas, have good jobs with no prior except l...

I am seeing the market begin to slow from job loss due to falling oil prices.  I was hoping to get ideas from folks on how to find areas where I can put the market reversals into business plans that are safe.  Acquiri...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $295,000

Cash invested: $20,000

2 adjacent buildings (Single-family & Duplex). The single-family (22 Mou...

One of my tenants wife called me and said they have some difficulties arranging full rent. Rent is $1500 however they could arrange only $700 due to some problems with bank freeze. (Two months back the check bounced a...

I have been searching BP for over an hour, and I apologize if this topic has been covered, but I can't find an answer anywhere. When you sell a home that has a mortgage, you often have to sign documents to get your mo...