Ok. Not my fist rodeo on investing. Currently doing in flip in Anaheim California. Yes I saved like crazy and The investment is with personal money. I currently want to buy some long term rentals and my newby question...
I messed up. First rental and first tenants, I screened for 3X income to monthly rent, above 600 credit score, passed criminal history, no evictions, landlord references, proof of income etc. etc.The only issue is, TH...
Ok I contacted a mortgage lender in my area about what I would like to do.
Here is his repsonse...
There are rehab loans you can utilize for something like this. A lot of them
require a builder and a lot of headache...
Hello BP'ers,
I've been having high level discussions with a colleague about a single family home spec build. We have our own equity that we would put into the project plus a couple of investors who have show...
So we have a property that is finishing up, with outlets/switches, and fixtures. I came in today and saw some of the outlets with weird gabs (pic below). I think the drywall cutout was too big, is there anything i c...
Wow, I thought this day would never come..... After three months of negotiating with Fannie Mae, I feel great knowing that I am now going to be an "official" investor. My closing date is set for Jan 2014 and I can...
Where did you find your best deal?
I'm guessing each market has it's differences. But generally speaking where and how do the pro's get the best deals on real property?
I would like to find a good cash flowing mult...
Hi, I am brand new to real estate investing (have only listened to podcasts/ watch videos/ etc). I found a house for sale in a not-so-great area for $10k. This is because there are several things not up to code and th...
We are currently rehabbing a house, and have had problems with two insurance companies. One dropped us, because the downspouts and siding were messed up, the next cause the house is vacant.
I was trying to avoid an e...
I recently had a real estate agent inform me that FDIC had required a bank to set the asking price for the property at the loan value and not the actual property value.
Basically the 1 acre lot andmobile home is wort...