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Hello,I am in the process of looking for a property to house hack. I am looking at taking out a FHA loan to finance the property. The smaller down payment would be extremely beneficial to me at this point in my life. ...
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I did an investor analysis after closing on a 296 unit last Thursday and came away with some interesting findings. This is the 4th purchase in the last 12 months. You can read about my lessons learned on the other on...
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Hey guys, I'm just starting out and have been doing a lot of research on strategies and ways to get started. I've come to a bit of a crossroads, do I start up with a partner or go it alone? There are obvious advanta...
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Hello all,I'm looking to buy some land at a tax deed auction in Northern California. 1. Would I be able to resell it with seller financing right away (without having to quiet title)? 2. If I sold it for cash would I n...
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Hi Everyone - New member here. Any good places to get a HELOC on a multi-family house that I have? We have a significant amount of equity in the property and would like to use the equity for a down payment on another...
Good afternoon all, I'm a newbie with a dilemma.I'm considering buying a triplex, using FHA financing. Therefore, I would have to be an owner occupant. The triplex is completely occupied; how would I be able to utiliz...
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Hi Looking for advice on the following scenario:1. Currently own a rental property worth about 1.3M. Owe about 600K on this property on a 30 yr fixed @ 3.75% with 27 years to go. Rental history of 4 years with current...
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Hey, there is a house that is for sale. There are currently long term tenants living in the house. The landlord is a good friend of mine and is willing to sell it to me with a huge discount. The only problem is i have...
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Hi BiggerPockets, I'm excited to ask my first question:I have a 3br condo I'm renting out to 3 tenants with a single lease. It's only been about 5 months in the 1 year lease, and one of the tenants got married and ask...
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Hello BP!My husband and I are officially real estate investors. After an abysmal failure earlier this year I thought we would never get up, dust ourselves off and try again. Reading the forums and listening to the p...