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I thought there was already a thread about funny/humorous real estate definitions here on BP, but unless Steve can find the link, I'm guessing I read something similar elsewhere.
So let's start one here. I'll kick i...
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Hello All:
Thank you in advance for all the generous contributions all of you make. I appreciate you taking the time to answer my question(s).
I have my first deal under contract and will need to invest 10-15k to ge...
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I received an offer for my property where he would pay my equity (300k) then use an "All-Inclusive Trust Deed" to make the payments on my mortgage (900k). He also suggested a 25k escrow account to make up to 4 pay...
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Hi everyone just like the title says I was able to close and take possession of my first Vancouver BC rental property. Already had some minor renovations done and have a tenant moving in on the 15th for $1600/mo.The ...
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Hey everyone!I currently have an opportunity to purchase an off market FSBO duplex in a great market. Most houses in the neighborhood are priced way too high to be utilized as a fully serviced rental by a property man...
Long time lurker, first time post. Bought a home as my primary residence for 400k in 2008 in UT. I added 65k in improvements, and started renting it out in June 2014 when I moved to NC. My tenant in UT wants to ...
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I have a friend whose grandmother purchased 11 homes last year for her kids/grandkid (my friend being the grandkid). Its a mix of SFH and MFH. The properties are causing turmoil because...well they can't get along to ...
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Hey everyone,So my question is, what is the difference between a cash out refi and a traditional mortgage. Now, I know that a refi is when you pull cash from a property you already own and have equity in, and that a m...
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Hi everyone. I’d love your input if you could….I purchased my first property last November and it is an old, small cafe. I put a lot of work into the place to take care of some major issues and ended up getting a tena...
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I am familiar w/ owner financing, but I recently ran into a seller who didn't want to do owner financing but instead wants to do a land contract.
Can someone with more experience in this explain the difference and th...