Hello,I own a 2 Family home which I had purchased for 250K 15 years ago, I owe about 166K on the house, its small 2 family frame house in Queens New York. The property falls in a commercial area where all my neighbor ...
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When using the VA loan, you are typically subject to a 0% down payment for the home, which naturally raises the mortgage price. How can a first-time investor make a deal work with the mortgage payment being so high wi...
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Hi BP Community! My wife and I are seeking to "house hack" a multi-family property here in South Florida using a VA (no money down) loan. It will also be our first investment property. For some reason, none of the num...
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Hi Guys, So im wrapping up my first lease option that I bought using "subject to" method from an out of state distressed seller. Took over $48k mortgage with $1k to seller at closing and $1k due to seller when house i...
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Hello everyone! Newbie here. ;) I have been cruising and learning and love this group. Tons of good info! I have a few questions. well one at a time. Why are vacant houses good prospects for WholeSaling, when they are...
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Hi Guys,We have a 5-family property that has 2 section 8 tenants (inherited but good people). Rents have stayed the same for 3+ years. How can I raise the rents? By that I mean-how do I get section 8 to pay more? ...
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I'm just starting out and have been searching for residential multi-family properties. I'm planning on living in one of the units and renting out the others. I have come across some properties that have two homes on...
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Hope Im on the right page. A person has ask me though he is in foreclosure can he still legally lease out his home? And would the tenant after finding out ,after the lease signing that the home was in forclosure, hav...
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Hey folks, my first post here!I'm looking into a 6-plex that needs a decent amount of rehab. I've never dealt with lead paint so I'm not even sure if what I'm dealing with is lead paint. The walls in the building are ...
BP,I currently have 4 duplexes, probably C properties. This was my first deal and I probably over-payed and took on properties that needed more work than I could have anticipated but I made sure the rents/sale price ...