I have a friend looking to buy a summer home/vacation rental type property in Little Compton or Tiverton, Rhode Island. The summer numbers look great (about $3500/week, less management fees, VRBO, etc.). Does anyone k...
Hello,
To start, I am new to this site and wholesaling. I am currently building a business and action plan. With that, I am going to have tons of questions, however I have seen that most on this site have been very...
My wife and I have an opportunity to purchase 3 multifamily homes from an individual seller. Each building has apx 5-6 units. Is there a way we can do this with no $$ down? Can the seller use equity in the propert...
Do a lot of closed short sales result in the sellers still being on the hook for all or a portion of the shortfall? For example, would a home selling for $200k with a loan amount of $370k likely have something like th...
As we all know the market in DFW is very hot, do you think this would be a disadvantage for us trying to flip our first house?We were thinking of going to a private money lender that reached out to us and he has offer...
Hello, All!
Situation:
I have a buyer that is looking for apartments here in D/FW that meet the following criteria:
1) Age of Apt. Bldg.: No older than ten (10) years
2) Equity: $30K bare minimum.
3) Very little ...
Hi BP Members,Both my wife and I own 4 properties each- separately. I am looking to buy another one (rental). We want to buy together, then refinance and take myself off the mortgage and the title. The thing is that w...
I'm closing on my first rental (a house hack) next week, 01/31, and want to sure I'm crossing all my Ts and dotting my Is. That said, I'd like to establish a repore with my new tenants and introduce a platform that m...
Hello,
I am a new real estate investor from Rhode Island and am hesitant to make a short sale for my first deal. I have extensively tried to see how the property I am looking at would not work financiall...
I have an opportunity to buy a tiny lot in a gentrifying neighborhood. The maximum density is 30 dwelling units per net acre. I've never done this before.... But I waited 10 years to get started w/my current investmen...