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Hi There,
let say that a property is being sold at 1M. Seller has 300k in equity rest is on a fannie mae loan. Instead of me giving a down payment, seller will finance the 300K in 5 years and we want to structure t...
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Hi BPers,Looking at a multifamily property (4 units) that needs a considerable amount of repairs (~50k). Does anyone know of a lender that is willing to lend for the repair costs as well as lending for the long term, ...
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Hello Everyone,
I'm currently living at home saving money as I'm looking to purchase my first home/townhouse by the end of the summer. From my research so far, I see that I can put down 3.5% with an FHA loan. I was a...
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I've got a 5/2 SFR ranch. Layout is 3/1 main, 2/1 fully finished basement. The basement has a full kitchen as well. I'd like to maximize cash flow, so the intent is to rent by the room. I know other investors have ha...
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I've been in contact several times with the listing agent of a five-unit property that is being offered with seller financing. I am an investor (and not an agent) and--if further initial due diligence pans out--aim to...
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The dirty scammer is here and tried to send me messages. I believe the scammer used my name and searched me, including AirBNB, BP or any place have to use real name.Last year I got a scammer inquiry and booked for ove...
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I currently live in Memphis, TN. I'm thinking about renting about a primary home, and getting other people to rent the units that are left over. Is there a website or some other way I can find out if people want to re...
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Hey BP,Have any of you used this strategy? I guess its not much of a "Strategy", but more of another way to get into a mortgage. Im starting to look into my second rental property and would be moving out of my curre...
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HUDNo_17-072
WASHINGTON – U.S. Housing and Urban Development today announced HUD will speed federal disaster assistance to the Commonwealth of Puerto Rico and provide support to homeowners and low-income renters forc...
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Is it a conflict of interest if my PM company only provides quotes from their in house team? I am worried that I am paying too much for turnover/major repairs without collecting multiple quotes...