I've heard FHA loans typically require a 3-1/2% down payment. I'm currently in a lease option agreement with my landlord. When I secure an FHA loan, will I need to bring 3-1/2% to the table? Or will the $41,000 paid t...
I have a property that I entered into contract with in June of 2017. The seller decided after signing that he did not want to sell. I opted not to enforce the contract at the time but would be potentially interested i...
Hi guys
I completely understand how the wholesaling strategy works, but for the fact of my one hang up -putting the home 'under contract'
here are my questions to that specific:
1. what exactly does that mean - bot...
Hello BiggerPockets forum , I need help understanding rent to own. I found a nice two bedroom cape cod style home that I would love to live in with my family. Only thing is my credit isn't the best and I am aware of t...
An escrow officer in the San Diego area told me I don't need an emd to tie up property but I was under the impression that I did. Should I do a low emd or a promissory note for emd? I don't understand
My husband and I are just starting out in real estate investing, we have done a ton of reading and listening to this podcast. We recently spoke with a CPA who said she has 24 years experience, but doesn’t specialize i...
Hi -What is the best way to avoid the situation of having a signed lease and no payment before move in? Don't want to be stuck with a stall for weeks then non-payment.Does the act of signing make it a valid lease or ...
Is it a big deal if I cut the grass when I get off work in the evening? I was wondering if it would be annoying to the tenants or the neighbors to hear the lawn mower in the evening. It would be about 7:00-7:30pm when...
I need to secure financing for a 4-plex in my community and it could easily make me 3x the mortgage with tenant occupancy. Would a hard money lender take into consideration the potential income gains? Is there quite a...
If you are using none of your money, are you willing to take smaller cash flow margins? For your profit, not paying back your investors. I realize that if you put no money down, and you make even $1 you are technical...