So, I'm looking at a 5plex that needs renovations, no structure stuff, it's just old, damaged windows, doors, too many layers of paint, old cabinets, etc.. I Want to use FHA's 203k program to buy, and finance the ren...
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As a new investor I am trying to work on my deal analysis. This is base on a house that is in my area. If the Pro Flippers would be so kind as to look at my analysis and get feed back.
It's a nice little 4bd 2bth, 1...
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My husband is self-employed. We want to buy our first rental property, but I can't qualify for much more on my own, because I already own our house. When we bought our house, our lender said we couldn't use his income...
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Hi BP,Looking at a seller with no or a slightly negative equity position my research leads me to believe that a "subject to" deal is my best option. Considering the house is in good condition and no major repairs need...
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Had a person refer me over to Daytonloan Acquisition || Your trusted lending partnerSomething seems off but the head guy has sent me references that I am going to follow up with and business documentation. Just wante...
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thanks in advance for the replies to everyone at BP. So recently I've brought 2 duplexes in Dayton OH as a newbie investor (22yrs old, w/ decent salary).It's funny because when I see forums specifically talking about ...
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I've always thought seller financing was a good option in place of traditional bank loans but I'm not really seeing a benefit after looking into it. Most sellers want a balloon payment after 3-5 years. That's pretty f...
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Hi everyone! Today I attended my very first meet-up ever and it was on note buying. I have some experience with owning and managing a rental property and have read a few of the general real estate books out there. How...
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Dear BP community,I need your help/input in my deal analysis. I have two options in front of me either to obtain a rehab loan, which will cost me $10k for six months ( points, fees, interest) or just finance the entir...
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Im looking at doing a refi on my primary to do down payment and up dating on a rental...once updates complete on rental should rent for 800 leaving 400 a month cashflow...my thoughts are to build up 6 months of rent ...