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I'm in the process of purchasing my first home (will be my primary residence for 1 year or 2. Later to become a rental property.) The house was listed as a 2 bedroom 2 bathroom but was disclosed on the MLS listing tha...
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I was browsing some properties and a few seemed like they had good potential to be fixed up, but they are in pretty terrible neighborhoods. I'd be curious to hear about anyone's experiences renting out in bad areas o...
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Hi Everyone,I have owned my home going on two years and looking to learn everything I can about investing. Ideally, I would like to own about 5-6 rental properties by 2020. I hope this site will give me knowledge, con...
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My grandfather left me a home. It is a brick ranch style 3br/2bath home. No mortgage. It needs some upgrades. Is it possible to BRRRR this property? I know I can pull out a HELOC (or at least I think I can). Once I ha...
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Hello BP! Was wondering if anyone could help me out with this issue if it were to occur. I am in the military and looking for a home/rental property. I want to "house hack" a duplex, triplex or quad with a VA or FHA l...
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I am interested investing in Minneapolis, but I don’t know where are the best locations to invest (single family and/or multi family). I’ve been thinking about NE area, do you have any suggestions/comments?
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Hi, kind of stuck here. I wanted to go Fha on a multifamily rental property. I improved my credit scored and even took out money from my 401k for a downpayment. I've signed 2 agreements of sale. On the first one, I re...
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Here's the situation:In December 2014, I purchased a duplex. My wife and I occupy one half, rent out the other. To purchase this house, I was able to take out an FHA loan and then borrow a little from my IRA (which wa...
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I'm going to be managing a rental in a high demand area. It's a small bedroom and under normal circumstances such bedrooms are charged as if the tenant would be sharing a bathroom and a kitchen with other tenants also...
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My partner and I purchased a home two weeks ago. It was a great deal in terms of price and potential resale value. One of us feels that this is a house we want to rehab and then flip. The other is not so sure and is l...