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Situation: Unoccupied brick triplex (3000 sq. ft) in blue collar area of town. Landlord is tired of being a landlord. Has a growing family and wants to sell for what he has left in his loan-$60,000. I am trying...
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My business partner and I have been trying all week to purchase our first investment property since 2005, and we have run into a strange problem: Wholesalers want to assign their contracts to us, but they don't want s...
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The Proposed Regulatory Prudential Standards for Non-Bank Mortgage Servicers put out by the CSBS could put all small lenders who are financing purchases of manufactured homes out of business in states that adapt these...
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Hey everyone, I have a general question for you master landlords out there. I am about to buy a triplex and the situation is as follows:1st tenant month-to-month2nd tenant 3 months left on lease3rd tenant 6 monthsThe...
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As part of a study a colleague from this site and I are doing on LLC’s vs. Sole Propriety legalities here: http://www.biggerpockets.com/forums/52/topics/75182
I am wondering if anyone can recommend liability insuranc...
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Has anyone heard of these guys? They are offering turn key, cash flowing, single family properties in the $35k range, many in Columbus, OH and Georgia. They state that the properties are in good repair with both ten...
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Hello there everyone-
Not too sure if this qualifies as an announcement but I would like to let people know a little bit more about HUD (Housing and Urban Development) and FHA (Federal Housing Administration). HUD do...
About close on my first house, was a hoarder house and going to need a lot of work. I want to hire a general contractor, I feel a good GC would help speed up the flip which would limit holding cost and help get a good...
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I just put this property under contract at $417k on an FHA WHERE MY MORTGAGE SHOULD BE ABOUT $2,700, with $14,700 down. The property is .96 acres and it is zoned "light commercial "as you can see from the pictures I...