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Hello BP,I am looking to purchase my first investment property in Baltimore by using a FHA owner occupied loan. I currently live in DC and I am a licensed realtor in DC and MD. I want to know what are the best areas ...
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Hi everyone. I want to know what I should do. Bought my home for $312k. Values in the neighborhood are btwn $490k-515k. We owe aprox $235k with a balloon payment at the end of $57k. (We had a hardship modification abo...
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So I’ve been saving for a little while now and I’ve been studying real estate investing for about a year, I’ve read 10-15 books on investing. I’m looking to get started soon and I haven’t been able to come up with a s...
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BP newbie here taking the leap into online RE networking. I typically just use forums for info (aka lurker) yet opening myself up to where BP involvement might take me.Became an accidental landlord in 2010 while movi...
I'm trying to buy my first property but have no money to put down. I was considering using my VA loan but the rules for the VA loan states that the property must be used as my primary residence. So I wanted to know wh...
If the seller owes 48k on their home and asking for $55k as a net amt, does all of that net amt go to the seller OR does that mean they'd get 8k AFTER the remaining mortgage is paid off?? (The difference btwn the aski...
Hello!I was hoping for some opinions for the best lending strategy for purchase, rehab, and then rental of a single family home. Heard a few people say hard money then refi into traditional.Whats the best route to go?
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Hello Everybody,I am new to BP. Looking to invest in Austin (Cedar Park or Round Rock?) area with a long term horizon and hoping to get in with 1% rule.Will I be able to find something decent? Is it too late? Would ap...
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And when I say small community, not that small, there are actually TWO red lights :)We're looking a small apartment complex that will be a turn around project. Sitting at 50% occupancy, current ownership is a retiring...
Lead Sharing - Insider Trading?I've noticed that when I receive a lead for a wholesale deal sometimes it doesn’t end with a sale. Why? Well, for a million reasons...the homeowner is not motivated to sell at a discount...