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I have a perfect house for an investment but would have to move into it because of fannie's rules of owner occupancy. Any ideas of a way round it that don't break these laws of hypocrisy?
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Purch Price: $75k
Rent Ready $ 5k
Total cost = $80k
HELOC used $73k
Owner Capital $ 7k
Expenses: MNTH / YR
T/I = $221 / $2652
PM = $80 / $960
Ma...
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Long story hopefully not so long, my husband is a dentist in the Army and is transitioning out of the military this year. He will be buying a dental practice when he is out from a dentist who is retiring. I have had s...
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In our search for a CPA / Wealth Strategist, we recently had an initial call with Provision. The jury is still out for us if we will use them. However, I wanted to see what were you favorite tax strategy/wealth stra...
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I would like to do some fix and flips and some buy and hold investing. Problem is, my credit isn't the best and I don't have a W-2 job. I do a few things here and there for extra income on top of my disability pay (do...
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I'm requesting feedback on my numbers, please:
Duplex @ 100k, Financing with Investor Mortgage w/25% down, Balance @ 5% on 30yr. No rehab required, currently rented, gross both sides @ 1300/mo.
Cash Invested (Down ...
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Hey everyone. Any idea what these holes are in the trim board of this house I am looking at? It's in several places on all sides. I am looking at buying this home. Offers due on Sunday.House is in Chesterfield, VA / R...
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I'm looking for any BP members who have recently used or are currently using a substitute of collateral clause. Specifically, are you using it as an addendum, or is it incorporated in the purchase agreement?
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Hi Everyone,First time posting on forum. I need to know what my offer price should be and need help analyzing deal. 10 unit 2br 1ba 100% occupied. Asking price $199,00. Taxes $3660.84/year, insurance $2000/year, H2O =...
Hi there, my name is Aram, I'm a financial advisor and a newbie real estate investor! I'm currently moving my investing activity to a different area and working on building my power team in that area.
I've come acro...