Manley Woods
Purchasing Older Properties
I’m looking to purchase some rental property in the Saint Louis, MO area but the majority of the properties in my price range are older (built in 1910’s to 1930’s). Has anyone had any positive or negative experiences ...
Account Closed
Is this just wishful thinking?...
That I can buy a rental property with none of my own money?
I want to:
-Use a private lender to come up with the down payment
-Get a conventional loan
-Pay the private lender interest only u...
Nicole Cosentino
Creative Financing/ Portfolio Lending Maryland
Looking for advice on leveraging strategies in Baltimore, MD. I have two rentals, one paid off and the other with substantial equity. I have equity in my primary as well. I would be fine if purchasing a home through c...
Whitney T Redfield
First time investor with no money
Hey BP,
What do you all suggest for a new investor with good credit but no savings? All my money has gone to paying down high interest debt, and now that debt has been paid. I'd like to get started investing. I'm mee...
Terry Royce
Assignee Buyer backs out - deposit
I had a property assigned to an buyer. The property was condemned, but the city would allow it to be rehabed.
The buyer decided that their costs were going to be higher than expected.
The contract states that the dep...
Walter Holmes
Foreclosure Auction Due Diligence
Hi everyone, I wanted to get some feedback from all new or even experienced Foreclosure Auction investors. We all know the challenges and risks when attempting to buy an investment property at auction. So I've been w...
Amir B.
How to Leverage with Cash Offers
Hello BPers,
I am still new and learning every day. My question is about financing a deal with a cash offer. I wondered how to pull out the cash and re-invest in another property. I recently had a discussion with @Jo...
Yan Guo
Hire a handyman or plumber to install toilet?
I am in Florida.I am doing some remodeling of the bathroom and kitchen.In the bathroom, the toilet and the vanity were removed in order to redo the tiles. Now the tiles are done. I need to put the toilet back. I also ...
Elizabeth Njuguna
To walk or not on turnkey
Hello! I recently had some inspections done on a turnkey property and got some less than stellar findings back . The biggest item being a Sewerline needing to be replaced . Purchase price for home is $88000, it apprai...
Kurt F.
Primary residence, 100% equity -- now what?
Need some good advice. I have a 150K home that we paid off. I also have a duplex that is nearly remodeled and is worth about 110K with a 50K mortgage.
I have no desire to mess with the duplex situation just yet -- ...