Account Closed
Making sweet lemonade, only in California
A house for us to live in turned headache, turned into a $105k flip.So my wife and I bought a house, 3BD 2BA with an attached studio, in Aptos, CA in June 2015. Purchase price $678,000 ($28k over asking), we got a $5,...
John Thedford
You Can't Get Blood Out Of A Turnip??
Dummy me. Waiting WAY too long to put my foot down on a delinquent tenant. Got caught up in school, etc. On Wed June 21 she stated she had mailed the rent. As of Saturday, June 24, no rent received. On Sunday I held a...
Timothy Lon
FHA: Househacking vs. nicer SFR
Hello All,So I'm looking for some personal opinion, preferences, and insight.I'm beginning the search for my second property (first closes on 7/8 hopefully) and I would like to either use the FHA and 3.5% down route t...
Rita Temple
FHA Loan and flipping first house
So please correct me if I'm wrong. But, I have to reside in the house for a year if it is a FHA loan? What if I was to find a house and use the FHA plus 203k loan, then once I'm ready to sell convert to a convention...
Tami Walker
Sarasota / Bradenton Florida Baby Boomers
Would it be better to invest in a condo for short term or long. Either way is fine with me if numbers work out. I was told there is a market here for baby boomers . They would like to rent 2 bedroom condos. Rather tha...
Edgar Castellanos
Buying my first rental sellers are divorcing, Wife is not signing and they are not paying the mortgage.
HI Family, Im super excited, a couple of weeks ago, I spoke to a home owner that is in the middle of a divorce and has stopped paying the mortgage on his home. I called him and offered to buy his home from him as a...
Griffin Goudreau
Insurance for Rentals in Florida
Any investors willing to share their insurance provider? Should I engage an insurance broker?
Any insight will help!
Anthony Young
Approaching hard money lenders as a newbie
Good evening and happy New Year BP! I was looking for help in finding the best approach for a newbie investor to use when pitching a hard money lender for the 1st time. I'm a new investor looking to put my 1st fix &am...
Micah Shelton
Should I fix (permit) an Un-permitted ADU or Duplex
I bought a cool house back in 2020 that was historically being used as a duplex. Two of everything except Electric and Water service. I have it operating as such to this day. I went to refi and pull some equity out ...
Jeremy Muehlbauer
Is this a deal that I should look more into or leave it?
I have an off market opportunity to purchase a 5 plex in one of the best cities in Minnesota (edina). I'd like comments on whether or not people think this is a good buy. Here's the numbers.
4 units are 2 bed 1 b...