Account Closed
Breaking FHA rules.
My girlfriend and I live in a house (with a conventional mortgage) that we don't wish to move out of. I want to get into rentals, but don't yet have the capital to put %20 down on a sfr in my area. I do however have t...
Eva Salas
In Unit Washer/Dryers?
Hi, The trend in Silicon Valley, in the pricier buildings, is toward in unit W/Ds. I'm wondering a few things, but mostly has anyone done this and how much more (in %) they were able to get for their units after insta...
Pete Sloa
HELP!! Bought 2nd mortgage on Judicial sale in Illinois, Cook ct
So I thought I was buying the 1st mortgage here's what happened.2nd Mrg 200K in 2009 - harris bank 1st Mrg 100K in 2007 - harris bank - this is the one that is being foreclosed, but it also has a subordination file.Th...
Hector Hernandez
Tenants insisting on rent discount due to repairs
I'm a relatively new landlord and am nearing the end of my first 12-month lease with my current tenants. The property is a 2/1 with me occupying a 300sqft ADU on the same lot. Recently we had some major water damage d...
Cody Warhurst
Discouraged from starting by family with experience...need some encouragement
Hi everyone,
first time poster and pretty damn new to the forum. My wife and I are just starting our rei journey and have been researching and preparing for owning multifamily re.
My parents were in the business fr...
Jean Paul Rousseau
Bad start in rental experience
I am a recent property owner and BP member. Things didn’t start too well and I would appreciate any advice on what I should do if the situation does not improve :End of october 2013 I bought two rehabilitated houses i...
Craig Parsons
What am I doing wrong? All agents so far have been flaky at best.
So we have been actively looking for investment properties for 2 years now. Fortunately we were able to purchase one and are in the rehab process. But even getting the first one took finding 3 realtors. So here is the...
Sam Alpha
How would YOU tackle this foreclosure deal?
Hello,I will try and keep this as short, but detailed as possible. My experience with RE is at best limited to the BP podcasts and a little reading material, as I have only decided a few months back, that I would like...
Account Closed
Listing Your Fix and Flip Vs. Using a Realtor
Hey BP,What are the pros and cons of listing your first fix and flip on the MLS vs. listing with an agent?
Tyler Smith
Tell me why I’m wrong! Classic SF vs MF debate
As we all know it’s possible to obtain the 10 30yr fixed rate mortgages, which in my personal opinion is almost non negotiable and is my main focus.So with that said, my plan is to get 10 quality B+ SFR properties in ...