Zac Willis
Tips on closing cash deals on FSBO
My wife and I have decided to purchase our first rental property. We are purchasing a property from a family member for a nice cash deal. For the sake of discussion let's say it's not a family member, but a regular ...
Coire Fox
Buyer wants to make a short term loan to a seller to close a house?
Greetings BiggerPockets community!I have what I believe to be a rather strange situation on my hands. I am in the process of purchasing a primary residence for myself and my significant other. We are doing a 203k stre...
Neil Da Silva
5% or 20% Downpayment? Which must I do?
Hey guys,Question: I want to buy a duplex in Ontario. I'm thinking of purchasing it in my personal name and live there so I can put down only 5%. I really don't want to have to live there thought, I rather just rent b...
George P.
Everyone is getting into RE game. Again.
Of all my acquaintances most of people are looking into buying a rental property.
These are same people that were laughing from the idea of owning investment real estate. 30 (+/-5) years old group with stable income. ...
Jacob Eddy
Leverage / Down Payments
We recently not only discovered BiggerPockets, but real estate investing in general. For over a decade, we've had a mindset of paying cash for anything and everything we own, except the house we live in. While we st...
Dakota Ochoa
How should I get started to reach my goals?
Hello all! I’ve learned quite a bit about real estate investing and many different strategies but I’m having a hard time deciding which strategy is best for me to start with. I don’t have a whole lot of spare time, an...
Christian Hall
Should I buy this tenant-occupied SFR?
Hi BP community,
Looking for some advice. I currently own and manage one rental property and I’m considering purchasing the following property in the same city:
3 bed
1 bath
1,051 square feet
$39,900 asking price (y...
Soo Y.
Playbook for Foreclosure with Owner Holding Over in House
A couple of questions for those who dabble in sheriff sales and foreclosures:1. What is your playbook when the existing owner still lives in the house after you win at auction?2. If you do cash for keys, how much do y...
John Morgan
How to finance deals with a high debt to income ratio
Good morning BP!!!
I have recently run into an issue that I rarely hear spoken about on podcasts or on the forum but I’m sure someone somewhere has had the same experience. I am currently a college student finishing ...
Daniel B.
Refi on blanket loan question
We have two properties worth approx $220,000 and $125,000. We (my wife and I) have a blanket loan that is now $169,000. This loan is amortized over 20 yrs but had a balloon after 5 yrs (4 1/2 remaining). We are lo...