I will be buying a condo from my grandmother. i have been renting the house for the past 2 years. She will be selling the house to me for well below market value. Ideally, putting no money down through a gift of equit...
Parents built a house in the 80s and just built as they went - no record of what they paid. Parents deeded over property my sister and I in 2013. I renovated and started renting out 33% of the house in 2014. I have th...
Hello all, a definite newbie here - I have owned a home in the past (bought and sold several years ago), though was not formally a landlord. I'm looking to move to a new area before the end of the year and am thinking...
Being a landlord comes with various challenges and responsibilities. To manage properties effectively, ensure tenant satisfaction, maintain the property, and handle legal matters, hiring a property manager who is a ...
Folks-A few weeks ago, I gook out a HELOC against my primary residence to use to buy investment properties. I initially intended to use it to do the BRRRR strategy and repeat this process every 6 months or so. Being...
Hey,New member here and learning as much as I can as fast as I can. I have been looking at a lot of different properties over the last few months looking to make my first investment purchase. I have found one that cou...
I just had a meeting with a loan officer and she mentioned about using a personal loan for investing in rental properties, i have thought about that due to one of the problem i know ill run into is rehab funding if it...
Hello BiggerPockets!There's a small supply of MF properties, specifically 4-plexes, in the area that I'm looking in and I don't see much value-add from a buyers agent. I plan on house hacking a 4-plex that has some va...
I have a 7 unit property I am inquiring on directly, asking questions my banker has advised. Should I bring my realtor friend in on it if I am doing all the leg work? This is my first rental inquiry and my realtor has...
Hello everyone;
I am wondering if anyone has used a hard money loan to rehab a property they gained in a tax lien sale. Many tax lien properties need a lot of work. In the Baltimore area, where I am looking,...