Hello BP family,
Thanks for stopping by because I need your help. As a new investor I'm very thankful to you for even responding to my question. So many so called GURU's do even take time out their day to personally...
Hello everyone!I am looking to purchase my first rental property but I also have my vehicle lease ending in 2 months. I am wanting to buy out my car lease but am wondering how this will affect getting a mortgage. I kn...
Hey all. I made a big mistake purchasing a town home with rental restrictions. When I read the by laws, I did not see anything regarding rental restrictions. Only to find out there is an amendment to add this restrict...
If the borrower is directing the funds to an LLC or self directed IRA would there be any potential problems down the line, for example if there was more than one person in the LLC?
Hey Guys and Gals, Long time reader and first time poster here at Bigger Pockets. I have learned a ton reading from all of your experiences, and for that, I thank you. After tons of saving, reading, and researching, I...
I’m a newbie looking to purchase my first investment property. I found a cash-flowing four-plex on the market for $250k. It is fully rented and is getting $2700 in rent. I am approved for a conventional loan. 25% down...
Hi All,
Came across someone who is trying to sell this 32 unit apartment in Wyane County, Detroit, Michigan. His asking price is $320,000.
Now the seller is trying to offload property that he has just acquired. The ...
Are there any benefits of Recourse Loans? Or are non-Recourse loans always a better decision? Specifically for large apartment building purchases.
When interest rates were much higher, we only looked at places with a 10+ cap rate. Now that interest rates are so low, properties cash flow with a lower cap rate than in the past, leaving more wiggle room in pricing....
Hey everyone, total BP newbie here and my first post. Question- what would you do if you owned a rental property that 1) has long term (6 year+) tenants on a month-to-month lease that continue to pay throughout the pa...