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Hey everyone,New investor here, I have never purchased property and am currently looking to acquire a small multifamily (2-4 units) using FHA financing. I just submitted paperwork to my bank for pre-qualification. I w...
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Hello, all!My name is Brandon and I am an Active Duty Officer in the Army. The idea of real estate investing is incredibly appealing to me. I am just getting started in this and want to do all of my research beforehan...
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I know comps are the most conventional way to go. But with FHA financing being very lax, I was wondering about valuing duplexes based more on what they're producing then comps. Can someone do a rough valuation and see...
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By the end of this May / early June I will be the owner of 2 family unit. This will be my first property. I am using a FHA financing to purchase the property. If I fulfill all of the requirements , can I claim real es...
Has anyone had experience in trying to sell some condo investments and run into lenders not willing to lend money because the condo complex is not over 51% owner occupied ? Other then finding a cash buyer are ther...
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Hey BP Nation,So I have a few rentals under my belt using the traditional method (with either conventional or FHA financing) by finding deals on the MLS. However, I really want to learn the skills of deal finding/gene...
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Hello Everyone! I just graduated from college in May, been working remotely since then saving money and studying the market to get into my first deal. I was planning to househack a tri- or 4plex using FHA financing, b...
I am working with a client who is purchasing a home that he currently rents from the home owner. He has used short term room rentals at his residence through AirBNB for about 6 months with the permission of his land...
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Hey Everyone,So the good news is that I have secured a duplex to househack and the seller is willing to accept FHA financing instead of a cash deal! The bad news is that the small bank I use for lending is in NJ only....
Looking to buy my first property in the DFW area. Market is too hot and the deals on MLS are moving too quickly and way over asking. I'd prefer a wholesale deal but I don't know where to find those. Looking for a 2 - ...