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I had a purchase contract with the Bank of America on a house. They "cancelled" the purchase contract and told me I am not getting my deposit back. They are not in a strong position legally, but they will likely be ...
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INTRO: Hi all. Great to be here. Heard a lot about how helpful this group is and decided to give it a try. So, I am an attorney making a midlife career change to a real estate investor at the ripe age at 40. I'm too o...
I own a SFR in Union city, CA. Its market value is 1.1Million. I have a 30 year fixed mortgage at 3.375% on it. Outstanding balance is 470k. I have been renting it out in the range of 3500 to 3900 per month for past 5...
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Hey BP,I'm truly trying to get a firm grasp on how a HELOC works. My wife and I are currently considering taking one out on the property we live in to purchase our first rental property. The problem is I'm still unsur...
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Hi BiggerPockets!I'm a programmer working in the Bay Area. Since the real estate in the San Francisco area is ridiculous, and ultimately unaffordable for me, I'm looking to do business outside of the area.I have a pre...
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I’m curious what methods some of you are using to secure profitable short-term rentals with the inflated market values we are seeing today. My last str was in 2018 in western Carolina mon rains and was around 100/sq f...
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Hi BP,I have about 20k in student loans that I’m due to start paying in September of 2020. I plan on having a job that pays ~60k a year by then. I have about 11k in savings and want to time it so I can start house hac...
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Hi there,I'm a California (newbie) landlord, and I've been fortunate enough that both of the places I bought a while ago already had good tenants living in them. However, last week my tenant in Placentia, CA (SoCal) p...
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I am wondering if anyone has any success stories pertaining to using [size=18]Craigslist[/size] in the most effective manner. Craigslist will not let you do multiple postings for several cities however, this is what ...
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I've got my first deal underway. Monthly rent $1600 total for both units. ARV 130K. Picked it up for 62k, and it needs ~20K of rehab. We close in 1 month. I'm intending to do the interior painting myself so that shoul...