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Hi - I am a new investor that is trying to figure out the best approach to finance my first investment property (non-owner occupied) with little/no money . I have been doing research and thinking my best option is a h...
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Good day! I currently carry a VA backed mortgage on my primary residence as well as an "energy-improvement" loan. The total of both is ~$87000 with the mortgage at 3.75% and the loan at 6.5%. I have a buyer asking me ...
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I found a SFH for $55,000 needs about $2000 in repairs and is currently occupied. The tenant is currently month to month at $1200. I offered $48k with $3k back. They countered with $52,500. The tenant has been in plac...
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Hey guys, I know it's gonna be a pretty newbie question, and I've been trying to figure it out, which I think I kind of did but I'mnot confident.
I feel so stupid asking, but, anyways, here goes the question:
Let's s...
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Hello,I am to receive a small inheritance and would like to invest this money in real estate. The inheritance, plus some savings is enough for a down payment on a small multifamily.What is the best way to go about th...
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Hello All! I am new to this so please bare with me on my terminology.Looking to purchase a home in my neighborhood to be used as a rental. The owner has walked away from a reverse mortgage and I am currently working w...
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My names Derek I’m new here and I’m new to the real estate investing, I’ve listened to several podcasts and I’m really interested in doing this but I started the wrong way I started a family and work 8-5 and just have...
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Hey Everyone,I am currently working with a company who uses the Direct Lending method. I understand this allows you to develop a long term relationship with an lender, however does this cause you to pay a higher inter...
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Hello all. I am sure it's out there somewhere on BP, but looking on the net there are so many conflicting Pros & Cons. Should I bother creating an LLC before I even make my first deal/purchase? Thanks to all!
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We have a renter asking for a wheelchair ramp. Are we responsible for getting or building one?