So I'm a new investor and connected with a private lendor via a REI facebook group in my area. These are the terms of his lending. If you're an experienced investor can you help me determine if these are good terms?Lo...
People who have gone through the process of getting an FHA loan for a 2/3/4-plex, what lenders have you gone to and which lender offered you the best terms? I'm looking to talk to a lot of lenders while in my grace pe...
I'm in the process of purchasing an investment property in Austin, TX. Without lot of research I assumed if I lived in the property for 2yrs in the last 5yrs of the sale, I could be eligible for the exemption so I don...
Hi All,
I recently BRRRR’d a 4 bedroom SFH in Pittsburgh and had section 8 tenants move in at the end of Dec. The property was approved for section 8 but we have just recently found out that the tenants no longer q...
Hello BP,I'm thankful for such a place where I can get experienced advice. Here's my situation. Rent is due on the first and my grace period is 3 days, so on the fourth its late. I haven't had a problem with any of my...
Greetings to all. What an interesting forum! My name is Geoff Flahardy. I have worked with 1031 exchange investments for over 13 years specializing in fractional ownerships (DSTs, TICs). I am not an investment advisor...
I've heard heard/read often that for a conventional loan, people should go to the local community banks around their neighborhood. I was wondering if I should even bother with a bank like Chase to get funding for a fu...
Before I can analyze a deal and calculate the cash flow, I have to factor in the mortgage payments. Do I call a bank to find out what my mortgage would be on property first?
Family was selling a piece of property, found a buyer, and his partner providing the financing fell out. The guy, who the HH agent has done business with before, says he's got property etc. so he's not a deadbeat. The...
Hello everyone!I have been an out-of-state buy and hold investor for a couple years, but am looking to purchase my personal residence closer to home. The strategy is to manufacture a "house hack" by buying a property ...