I recently spoke with my local HUD broker about a home that I would like to purchase as an O/O. It is currently listed below 50% ARV in a great neighborhood and I happen to have enough money to pay cash.
The...
Hi fellow BP members! I'm fairly new in Real Estate Investing. I'm mostly interested in rental property investing. As I was looking for properties in Irvine, CA and nearby markets, I have come across this property tha...
Hello, Why don’t more people buy through companies like REI and rent to retire? I’m looking for passive income anyway so I’ll already be paying a management fee. REI takes the first months rent, but still - what am I ...
Plan to buy STR for LTR with self-directed IRA in local of Tampa surrounding area.Will a local self-directed IRA have advantage compared to a remote one? It will be a long-term renal and assume tenants will pay every...
What are some Disadvantages of a Real estate License in REII am new and laying out all my options and plans of attack. Considered getting my Real Estate license but didnt know what downfalls would accommodate that. or...
My agent just sent me a property that is currently being leased and tenants recently renewed their contract. From my calculations, this property can cash flow very well. The dilemma is it is located in a small town wi...
Newbie here working on my first deal! We met with a local bank today and they are offering terms that we weren't planning for. One of the things that came up was that they keep their mortgages in house and do not se...
First of all I want to thank the BP community for all you do. I would have learned so much without you and I am sure that I will continue to learn more. My husband and I are considering selling our house on a short sa...
Hello All,Im a newbie and Id like to hear the advantages and disadvantages of low income multifamily rentals. I recently submitted an offer to purchase a duplex in a rural area that I would rate at D. Since the area i...
Hello,I have heard that it is a good idea on your first deal to do a 5% conventional loan and then to do a 3.5% FHA loan on your 2nd property when you move in. What are the major advantages/disadvantages of doing your...