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Hey guys, Here's a deal that I'm looking at and need some advice on how best to proceed...SFH $149K, comps show $170kSeller is willing to take $65k (his equity) and have me assume the mortgage (84k, $650 / mo). He cal...
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I am considering selling a home as a hybrid: Subject-to my existing mortgage (@3.6%) plus cash and owner financing for the difference. How do I handle the insurance and taxes? Does the buyer pay my regular mortgage...
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I am looking to purchase my first property within the next 1-2 years. Preferably a 4 unit but wouldn't be opposed to a double.I want to fund this through FHA as I plan to house hack and rent the other 3 units.I have n...
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Hello,we have the opportunity to buy a relatively new home that would make a great rental through a subject-to transaction / wrap. The underlying note is a USDA loan at 3% interested.The interesting part is that there...
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I am in the process of getting my second property in Philadelphia. It will be my first via a hard money loan and my second purchase (first purchase was thru FHA loan a few months ago). I just wanted to get thoughts, i...
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Hello everyone!! This is my first post on bigger pockets and I just wanted to pick everyones brain about my first potential rental property.
This property has 2 homes on it, one home has 3 residential rentals in it,...
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Good morning Bigger Pockets Family!My name is James and I've been considering making this move for about 6 months. I am starting NOW. Based on some early information gathering, I decided I'm starting out 2020 with get...
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Hey everyone,My offer on a four plex was accepted yesterday, so I am super excited about the deal.I spoke to my mortgage broker and let her know that I wanted to do the mortgage in my soon to be created llc. She tells...
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Hey, I recently remodeled a mobile home in Florida. I've had it on the market for a couple months now. I was under contract for asking price $154k in a couple of days and then the buyers fell out due to insufficient f...
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Hello - This is my first post here and I am just gearing up to start my life in the world of Real Estate, so please bear with me.
I am getting married next year and will be looking into an FHA loan for my first hou...