I am currently thinking about leasing my current home then move into other home.The house worth about 500K (3875 sf, 4BR, 2 car garage, 10 year old) and remaining principal is 170K. My current monthly mortgage is $19...
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Hi, BP community,
I'm looking for some guidance on how to handle my current investment property. Here's the situation:
I own a tenant-occupied property, which is paid off and cleared. The tenant has lived there for ...
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I've been debating this for so long and I just can't decide what's best. I live in Greater Vancouver, Canada.. Would it be best to invest in a non-appreciating duplex that cashflows well (in Saskatoon or Edmonton- com...
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Im trying to prepare myself to make my first real estate investment, mostly financially. But during this time, i have a lot of negative feedback from family/friends about all the things that could go wrong. from bad o...
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What would you do Bigger Pockets Nation?
I came across a 23 Unit Apartment Complex for sale in my Search for motivated apartment building owners and after getting some detailed expenses from the seller I rea...
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Hello, I am just starting out and trying to get my first investment property. I am using a conventional loan for financing and putting down 25%. Surprisingly, (to me), I have put in multiple offers on different proper...
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Hello: I've read that one risk of buying properties "subject-to" is that the seller/mortgage holder may file for bankruptcy, and the home can then be foreclosed upon. However, if the buyer is paying the mortgag...
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I've heard time and time again that value add multi-families are one of the best vehicles to build wealth. Look for properties with tired landlords who are losing money if possible. How are you valuing a property with...
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Asking for some numbers analysis.
Landlord work is work and risk but I had experience. I'm hoping housing markets will pick up again in Austin/TX area.
1. SELL: ~720K (loss ~30K), 2.5% mortgage rate 27 yrs left. To...
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I have been stuck in analysis paralysis for beginning my real estate career for the last couple years. My plan is to start by flipping homes until I have enough cash to fund a BRRRR project from start to finish and th...