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Hi All,I'm in preliminary talks to pick up a 6 unit with 15% carry back option with another 5% down from another investor, leaving me with 5% skin in the game. I was hoping if some people on BP would take a look at th...
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I am closing on a four unit soon, and one of the tenants is on section 8. I am unfamiliar with the program, and will not be renewing when their lease is up in November. Of course I will have to abide by the curre...
Recently Jon K. posted on another thread his observation: "I've said this before. An ambitious IRS agent can go find money by reading forums like this one."
For those of you who don't know about or remember the Cha...
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I have a tenant who has been in my property for quite some time. Truth be told not exactly the best (typically late, noise complaints from my other units, parks in grass, etc) I've just found out that she had someone ...
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I found a 4 unit I would like to offer on but I only have enough cash to put 10% down. I'm having trouble finding financing, and I'm wondering if anyone has ever gone through Quicken and if there is a possibility the...
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Hi Everyone,Thinking of doing a 1031 exchange and getting into a Triple N investment. Does anyone have experience with Triple N leases? Pros and Cons. Anyone have really bad experiences? Do you recommend it? OR Shoul...
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My wife & I are interested in a 2 family property in Queens. It's been a month and the house has had 4-5 agents. This house has been up a year. The seller doesn't want to deal with a buyers agent. The first agent ...
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I have a questionI have property I just acquired and renovated with a Fannie Mae loan. I’m looking to cash out refi, but I have to wait 12 months of seasoning before I can do that. Does that seasoning period apply if ...
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I'm curious on peoples go to approach to secure financing for an investment property - use a broker? start w local bank or CU ? or even a local brick and mortar bank?
Ready to invest in rental property in upstate ny, but I am having a hard time finding a bank willing to mortgage the property. Any suggestions/ advice? did anyone experience this? if so, how did you overcome this obst...