Hi, I am trying to buy my 5th home (existing 1 - primary, 3 other investment). I am aware that Fannie Mae has reserve requirements for home 5- 10 and in my case I have to show six months of reserve for all 2nd -5th h...
I have had about 7 or 8 window units A/C's stolen from me over the last year or so. It happens right as the tenant is moving out. Sometimes, in the case of an eviction, I think the tenant may have stolen them, but mos...
Hi thereI came across morrisinvest.com the other day after listening to Claytons podcast. The whole idea sounds really reasonable, but I still would like to cover all my bases. Does anyone have any experience with the...
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
I have an 8 unit listed for sale that's two single story buildings with 4 units each. I'm considering purchasing it myself and converting each unit to be wheelchair accessible as they become vacant. It won't take a to...
Hi BiggerPockets Members - I have a question regarding the Good Neighbor Next Door program. My fiance is a teacher, so she qualifies for the lottery homes in this program (usahuds.com) and we meet all other criteria ...
Im sure many of us have read all the warnings and reviews of buying low price properties, and the problems typically associated with them, but all that considered, it is what first attracts a lot of people , indeed th...
Hi all,
Very new to BP. Just beginning my real estate investing journey and trying to learn as much as I can as quickly as I can.
Quick question for the group. In the next year or so, my fiancee and I will move into...
I was talking to a man a week or so ago, and he said that his friend used to buy properties that were a few days prior to foreclosure. He said it kept the bank from having to execute the eviction process, it salvaged ...