First time posting on the BP forums so please excuse the green behind my ears, but I appreciate any and all insight here!I'm looking to purchase a first residence in the Providence, RI area for house hacking purposes....
I am looking for advice on purchasing a house in which my aunt has gained ownership most likely through quit claim deed from my grandparents 10 years ago. My grandparents had owned it since sometime in the 1950's. I g...
Hi, newbie investor here looking to purchase my 1st property. I'm focusing on small multi unit properties I can "house hack" to get started. My question is if I'm purchasing said property with existing tenants can I u...
I need to get $135k out of this property to break even. My buyers can only get approved for $127k. They are willing to pay the $135k just have no means to do so. They have tried to gift, borrow, up the mortage and not...
My in-laws are moving to the US from another country. They would rather not go through the paperwork hassle of purchasing another house here themselves; they would prefer that my husband and I purchase a house in our...
Happening right now....My fiancé got approved by a lender. I gifted him the money to use for the down payment. Well it’s an FHA loan so they asked me to show them bank statements which I did. I had a $13,000 check dep...
What interest do you usually offer a seller in a creative financing deal??
I'm in negotiations with a seller who owns her property free and clear and she liked the idea of getting a down payment and carrying ...
Question: If I asked a family member for a $25K down payment on a $100k purchase and offered a 15% on his investment, but were to hold the property for 3-5 years. Would you compound the 15% yoy? I think obviously the...
I am asking for advice on my current situation as I feel very fortunate and want to make the most of my opportunities. I just bought my first 4 plex two weeks ago using a HELOC from my primary residence as the down pa...
I am trying to purchase a property but do not have enough for the down payment yet as I just purchased another property recently. It is a smoking deal with tons of cash flow potential so I am about to lock it up in a ...