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I am working with a seller via a realtor who has been having trouble selling their tenant occupied condo. I intend to buy it for the right price and terms and rehab then buy and hold. Condo has been leased under mark...
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I own a lucrative STR double (license requires homeowner to live in one side). Property has been generating $45k net income/yr. The weird thing is that appraisers will only value the house at market value and not take...
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Imagine with me, that your workday began with the usual routine, but halfway through your morning, you received the news you’d been laid off.
For most Americans, that means zero income starting tomorrow morning.
Now...
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Good afternoon BP,I came up with a crazy idea after my loan fell through. Has anyone ever lease a multi family building with the plan of purchasing at a later date?I have a triplex that I had under contract but FHA fe...
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Dear BP community,Could 10 years of negative cashflow be worth the pain? I originally had 10% for management but realized I'd need to manage it myself anyways for experience sake. Looking at the cashflow chart, could ...
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Hi everyone. I need to submit an offer to purchase through seller financing. I have no clue how to start. I have used the offer to purchase contract for single houses from the Biggerpockets, but I am not sure if I ...
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I'm looking for suggestions / advice. I have a tenant that giving their 30 day notice and will be out by the end of June. To avoid much vacancy, I wanted to start advertising now and showing the house for a July 1st ...
I'm preparing to send out the first round of a direct mail campaign. My question is a legal one. Each letter is essentially going to say:"Hello Mr. So-and-so,I am interested in purchasing your house at ADDRESS. I w...
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I've recently purchased my first 2 family home, and it has only one heating system. There are 2 electrical services, but only one gas and water meter. I'll be occupying the much smaller upstairs unit on this up / dow...
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Hey this is a super local question for folks in Fairbanks, Alaska and surrounding areas. I'm looking to make a personalized rehab table for this area. Just wondering if there is anybody who has done much of the leg wo...