Very close to making our first plunge into REI with a duplex in Clearwater, FL. We are doing an FHA loan since we don't have enough cash for 20% down; and therefore, will have to live in one side of the unit for the f...
My first wholesale deal - The seller is under contract with me for 100k.A buyer had made an offer of 110k.I need to protect myself from the buyer trying to cut me out by going to direct to the seller. When I send the ...
Our home is in my mother-in-law's name and almost paid off (only $8,000 left). My thoughts are to take out a $50,000 VA loan out on the home to put it in our name, pay her the rest of her money, and use the money to i...
I would normally vet the basics (rental history, income, etc.) prior to actually having applicants pay and run credit and background checks (these would be last step). However, I made the mistake of forgetting to tel...
New investor here! Hi! Please share your knowledge with me as I am under contract, and, of course, afraid I am making a mistake. I am in Atlanta and the market is super HOT now. I found a townhouse in a good are purch...
Good evening fellow Bigger Pocket members,
I'm working on a short sell for 2 story house in Cypress, TX that the homeowner was in the process of foreclosure. The short sale offer was moving forward until HUD made a d...
Hello, everyone!First time poster here. I've been researching REI for about a year now, and I have an opportunity that I'd very much appreciate some input on. The short story: my mother's landlord will be moving out o...
New Year = New Listing or BRRRR!
We purchased a 3 unit in Rochester NH in 2022 from a wholesaler we know with the intention of flipping it. The property had been vacant for over a year and it needed over $100,000 of...
Any recommendations on Conventional Mortgage Loan for Primary home that will account for my short term rental income that is less than 2 years? Currently in the market for a Primary home, most lenders require minimum ...
Curious for suggestions on great tax and business attorneys. I live and invest in Omaha, Nebraska, but I’m informed that I don’t necessarily need a tax attorney from the area. For example, I’ve heard great things abo...