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I've located a 4-plex (150k 700/month per unit) that's long distance and I'm trying to find some help getting it financed. My wife and I have zero debt, 100k cash but no job at the moment as we sold our house and move...
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I can buy direct from an owner a 3 family at 155K. Here are the rents, $800, $750, $550. All rents without utilities. Taxes $350 per month. Estimate on insurance $150 per month. Not sure about maintenance, snow, lawn...
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I've been reading a lot lately about investing in real estate. I'm considering transitioning the bond allocation in my portfolio to real estate if I can get a 10% net return on my investment.
My big concern is that I...
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If I'm applying for a mortgage, will a bank give me part cash and part finance? In other words, as an example, I'd like to buy a property for $70k (finance) and put $30k (cash) into rehab. Is this something that banks...
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Hey yall!Richard here from Dallas (Grapevine). Just want to share a quick story for some encouragement and maybe get the wheels spinning for you on some out of the box real estate thinking. A few years ago I traded ho...
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Hello Everyone,
My wife and I are new to real estate and are looking to house hack our first property. We have identified a potential deal in the Indianapolis area where we currently reside. I reached out to a mortga...
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Hello BP members!
I recently joined the community to enhance my knowledge of real estate and begin networking with fellow investors. So far Bigger Pockets has been an amazing resource and the podcasts have made my co...
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i need a to rehab my buy and hold in washington nc ASAP. its a sitting duck and i have been told the starting loan amounts for rehab or hard money will be $75k???
i own the property outright and have the deed in han...
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My elderly mother just turned over management of a 1 bd rental unit to my brother and I for day-to-day management. In the past the income has flowed directly to her (separate bank account) and she pays the income tax...
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Hello,Is using FHA loans or other low income/low downpayment loans as an investment strategy unethical? I spoke to a number of different lenders about my options to acquire financing as a college student, and a few ti...