Is acquiring properties via loan assumption a rare occurrence? Are home owners more inclined to choose a different type of deal (seller financing, subject to, etc.) over a loan assumption deal? What type of homeowners...
For many of you this may not be a big deal, but for me this was a great deal. I located a property 20 months ago and started researching it. Finally, today, we foreclosed on the house and now own it.
We found out...
I'm wanting to "break into investing" by getting an investment property that I can somehow put under contract, and collect the cash flow. I have people who can do various maintenance needs if things need to be fixed....
My wife and I moved from Warren, Mi to Houston, TX about 1 year ago due to graduating from college and needing to find a job. We still own a house in Warren that is severely underwater (Currently owe $115k, likely wor...
Hi guys,
So I have lived in a house, in an expensive neighborhood for 10 years, my child grew up there so I am very attached to that house and so is my son. It is 550K now, rented but its too big 5 bdr 3 baths so i...
Hello BP,
I'm currently house-hacking a 2-family property in the Hudson County area. I bought the home just over two years ago when interest rates were at an all-time low. When I purchased the house, the second unit ...
Hi! I'm new BiggerPockets and REI in general. I mentioned in my New Member Introduction that I'm currently researching strategies to enter the local Phoenix are market. Has anyone had trouble convincing their spouse t...
Our minimum qualifications for our 4-bedroom rental home lists, among other things, "Applicant must exhibit a responsible financial life. Credit score must be a minimum of 600." Three adults submitted applications to ...
Greetings - I would love to hear feedback about this nightmare tenant. Any insights would be greatly appreciated. A Florida tenant has refused to pay rent since Nov. 2019. Said the reason was she's a foster mom and ha...
On a recently conventional fannie/freddie transaction my head underwriter called in to FNMA/FHLMC and they have determined that these financed properties inside IRA's and Solo K's count towards the financed properties...