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I've had an accepted offer on a 4 unit in WI since Dec.
Purchase price=$160k Fully rented gross rent=$2900, repairs of $5-10k needed, earnest money=$3k
I had a local bank lined up that was willing to loan 80% on ap...
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Gov. Gavin Newsom late Monday signed the COVID-19 Tenant Relief Act of 2020, legislation that prohibits the eviction of renters with genuine COVID-related hardships but reopens the unlawful-detainer process for tenant...
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So I'm completely at a stand still in the investing world and have been for some time.. Keep finding deals and unable to obtain financing. Ive researched hours upon hours for such loan sources, one thing I keep coming...
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Good day BP!!! I am screening my 1st tenant and she seems good on paper ... so far. She's given me her pay stubs, ID, completed application and the app fee. I've verified her employment with HR. She's been with th...
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Earlier this week I attended a Sheriff Sale. There were three properties up for sale, one of which was cancelled. I was the only bidder present in the room when the auction started (the Plaintiff's attorney was also ...
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Hi all - I did a search here but couldn't find a consistent answer. Hoping for one here. Situation: This is my first time lending money. It is a first position note for 12 months to a borrower who paid 6 months of int...
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Hello all,About 6 months ago I purchased my first property, a duplex on the MLS at below asking price (and below market based on comps) in a high-demand, albeit up-and-coming neighborhood of Buffalo, NY. I've since re...
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Hi, So, I'm trying to make it simple... I got money I am lending to a brother in-law to purchase a property. Property needs cosmetic work. He will do the work him self and pay for repairs him-self and then occupy the ...
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Hey bigger pockets community! My name is Travis and I am brand new to this site. Just ran across it and have been well-rewarded with tons of useful information. I am currently in college pursuing a career as a mechani...
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So I've noticed when I get calls from my mailings a lot of times I will meet with a seller and offer them something that is good for me to buy as a rehabber. (Like $240k for a property with an ARV of $400k) The sel...