Hi all - I'm new here, but have watced and read for a while without jumping in. I'm buying a house sub2 and the seller is asking me for a written guarantee that we will pay his payments. In the past, I've never had to...
Bank of America just announced zero down payment, zero closing cost, and no minimum credit score mortgages for Black and Hispanic first-time homebuyers. https://www.bloomberg.com/news/articles/2022-08-30/bofa-tests-no...
So I just completed my first Brrrr.
Purchased house- $235k
Rehab-15k
Appraised value- 325k
Currently rent- $1,950
Mortgage- $1,681
Cashed out $250,000
So
I think I did a pretty good job for my first brrrr t...
Why?Didn't want to hijack the other thread but it seems like this is the question investors should be asking themselves. If you can consistently receive $700 rent on a $30,000 purchase then why doesn't the market bid...
I have only been active on BiggerPockets for a couple of months, but it's pretty clear that BP hates the Frayser neighborhood in Memphis*.There is no doubt it's a challenge rental market, but great things are happenin...
Hello, everyone!
Let me say first how I love , love BiggerPockets!!
Second- I got a situation here: i graduated from UCLA last year (biochem degree) then left to Russia to do some investments there ( got the whole...
Looking for your thoughts- I have both a Roth and Traditional IRA. I’m considering rolling them into a self directed IRA or solo 401k but hate the thought of a custodian. I’m also considering just pulling it all out a...
Hi all,I'm working on offering a free report to commercial real estate investors and multifamily property owners as a way to build my authority, credibility, and expertise in my local community, and I'd like do get yo...
Questions for the smart Money and 1031 Exchange folks on the forum. Background: Property was bought via 1031 & is held in personal name (NOT LLC or S Corp:Small mortgage - roughly $42K. Current value around $300...
Hello all-I'm saving for my first multifamily home and my Agent (who invests himself) advised me to house hack for at least my first property. I expressed some uncertainty with living in the property and he told me so...