I recently got interested in real estate investing, so I've been roaming around bigger pockets. I've noticed that a lot of people talk about FHA 3.5% down payments on multifamily homes living in one side and renting o...
Why Most People Think It’s Easy to Find Profitable Flips!
People assume that whatever information is readily available is common. This bias skews our perception of reality. If you watched a show about flipping houses...
Value increase not fast? Half of SFH, MFH?Low price, easy management, high rent are attractive.
Hello everyone.My name is Evan and I'm a relatively new investor located in the Twin Cities (Minneapolis, St. Paul), Minnesota. I wanted to take a little time to introduce myself to the community and explain my bac...
I'm hoping that the good people of BP can help me come to my senses:Just made an offer for a 2 bed 1 bath condo in Canton, MI. Offered full asking price of 154K. When I looked at the comps I was shocked to see that th...
Hi Everyone,I am thinking of purchasing my first home and have a question about mortgage applications. I have excellent credit (>800), however no history of a mortgage. I had a loan out on a car that was paid off i...
I want to take HELOC 40K line on current primary home with Market value of 620k and equity of 180k.
I also want to move out in 3 months after purchasing new property as primary and making current one as rental.
so w...
HelloThis question is about structuring a specific deal. We have a house in Mt.Baker Seattle area which we have remodeled and is worth $650,000. We have a buyer whose credit has been damaged by the bank and they have ...
Anyone have thoughts or contacts on obtaining financing past a 4th investment property.In Lake County IL, no rich relatives.. LOL. Currently have 4 rentals cash flowing $300 - $520 a month. Thanks much Scott
Hi all,
I'm new to this excellent site (and have no expertise in RE investment). Thank you in advance for any help and advice!
My situation is this: I'm recently retired, and it's time to sell a building I own. The...