I need some expert advice. I apologize in advance for the lengthy post, but I need to give some background on my situation. In 2006 my wife and I bought a condo (I know... Now) in Western CT for 280k in both of our...
Hello, I am currently in the process of closing on a 3 family home in Elizabeth NJ. I am financing the home using an FHA owner occupied mortgage. Currently 2 of the units are vacant and the 3 unit is occupied by a ten...
Hey guys, I'm not a new member. However, I'm reintroducing myself to this website and navigating through the site and all the functions. Its been a while since I visited the site. For the new year, I plan to try ac...
Hello BP, First off I apologize for what may be a very in-depth/lengthy post. Sorry. :) I will try to be very direct.I purchased a SF house, in a nice town, that's 20 mins from a bigger city about a year ago using a V...
Hello, my name is Tanya. I would like to build a foundation to start investing in Real Estate so I can quit my job and become a full time Real Estate Investor. I prefer to buy and hold but am not opposed to flipping...
I'll try to keep this as specific as possible as to prevent the "...it depends" responses. I understand this is a lengthy post, but it is all in the interest of garnering the most pointed advice.BLUF: Wife and I own a...
Hello BP,I'm hoping for some friendly advice. I'm looking at a foreclosed SFR in a B to B- area that I am thinking about buying as a rental. The challenge is that it doesn't need any work (seriously, it's spotless),...
I'm from New Jersey, and I'm very new to real estate investing. I have about $1,300 saved up (I know it's chump change.) But I had a question....I really don't want to wait until I have more money to jump into real es...
Hi everyone,I've been on this site for a while and don't post as much as I would like but I have appreciated the mountain of information found on here. I intentionally waited until I closed on the loan (which happened...
Alright guys....
I got a REO that the banks wants 67k. They will not go lower. It was originally listed at 79k. The home in itself probably needs about 7k of work to bring it to brand new, qui...