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Hi. We are looking to refinance our condo that we use as a rental property. We currently pay 1288 for our mortgage and it has a horrible interest rate 6.25%. We get 1600 for rent, and after our hoa fees - 550 we en...
I understand that you are only allowed to have one FHA mortgage open at a time, in order to prevent the use of FHA loans for investment properties. I also know that FHA loans are mainly meant for first time home bu...
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Hello folks... I have $65K seed money to get my investing career going.
What are your suggestions to make enough cashflow without blowing the cash or adquate net profit.
Snail's pace with cash!
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For the short sales guys around, I was wondering if you'd be willing to share some examples of the best hardship letters that you've seen, or those that have proven to be effective.
I know a lot of people are interes...
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From a tax perspective are there big differences between a 1031 exchange and reinvesting gains within the same tax year? I buy and sell property with an LLC and just closed on a flip with a $60k profit. The sale price...
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Hello,
I wanted to ask the bigger pockets community a question about rehabbing properties.
I've never thought about getting into that area of real estate, and truth be told, I think I'm familiar with th...
Hello All!
I'm a bit of a newbie and I'm looking to purchase my first 4-plex. Please note that this is in California, so the rate of return may not be like that of other markets. Nevertheless, please let me know if...
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I am newer to REI (I’ve done a couple of live in flips but nothing more). Very serious about buying my first true flip. I’ll have plenty of cash to put a 25% down payment plus cover rehab costs, but I am in search of ...
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I'm new here, have zero deals... well I kinda have had two but not under the aspect of wanting to do this for income. I got divorced in 2014 gave my ex the house but if she sold it I got half the profit, if she kept ...
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I have an interesting question, I am not really sure it is a problem but I do want to make sure I am properly documenting this unique situation. It may help to ask this question to an attorney in my area.
I took own...