Alright so to start I want to give you some background. I have worked as a bartender for the last 8 years of my life. Paying off all debt and saving money. Recently became a real estate agent. Closed a deal in the fir...
Here's very simple hypothetical situation. Would you purchase this home if you were investor looking to hold for 10+ years.
Home Price: 230k
Downpayment: 60k
Loan rate: 4.4%
Improvements/Repairs: 10k
Annual Taxes/Ins...
I've been a landlord since 2005 and in the time, in spite of some bumps, I've enjoyed the proves of acquitting properties & providing quality rental units. The bumps have consisted of moving folks along, either b...
Hello all. Thanks in advanced for the replies. So here is my situation. My day job is doing social work. My side job is being a realtor. I have a lender I like to work with and is always helpful with my clients. I wen...
Hello Bigger Pockets - I have a somewhat complicated scenario I was hoping to get some advice/guidance on.I have been following a bank foreclosure that's been on MLS for about a month. It is a site unseen purchase as...
So this last July I purchased my first duplex using traditional financing which has been going very well. I now have found a land contact deal for 170k purchase, 6k down, 4.75% interest, and a 5 year balloon. Comps in...
Hello,The situation: Edit: She is the homeowner, not yet a seller. A woman in her 70s lives in a home and has no children and is a hoarder. The home is in very poor condition and has been neglected for decades. S...
My initial thought was to stay away. Then someone told me don't pass on it. I keep seeing motivated seller opportunities in my local area. The problem is I see very little comp activity in that area. Is there a way I ...
I have a client looking to obtain a duplex and knows they won’t have much if any money for down payment. What type of lending should i offer or suggest?
How’s it going ladies and gentleman. I want to know what you guys would do in this situation. A year ago almost to the day I purchased my first home (primary residence ). It’s way too big for me and my gf , has a ...