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A 4 flat near me is selling for $240,000. This is unfortunately just outside my capabilities of a down payment as my lending is requiring a 25% DP. At $200,000 I think i can make it work and I think the seller would b...
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Suppose you borrow private money for a deal and the deal goes bust. Now with a bank mortgage there in normally a 'deficiency clause' allowing the bank to try to seize other assets you may have if the foreclosure proce...
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Hello All!I would like to know your thoughts/opinion.My wife and I are salaried employees. Our goal is to have a stable income stream 15 years down the line (we are in mid 40s) when we stop working. BRRR is not our cu...
Hello,This is first time posting on this community, so please inform me if this was the incorrect area to post. Love the community!**here is the condensed version below see in between the dashes, for the longer versi...
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Hello everyone!I recently closed on my first duplex that I will be house hacking. The duplex came with long term tenants (9 years) as well as the year lease they resigned shortly before I bought the house. During the ...
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I’m a newbie investor looking to buy a vacant property whose owner is listed in public records as Nationstar/Mr. Cooper. Has anyone worked with them?
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1 of my 6 units in a lower-income neighborhood is late consistently, every month. I have accepted it so far, w/ late fee, for over 6 months. And so far, plan to continue doing so (but adding a daily late fee). Howe...
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Hey pocketeers,We are at historic low cap rates, do they go up as interest rates rise?
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Hello fellow BP'ers,
I'm looking for some guidance and advice on a short sale opportunity that was presented to me.
My parents next door neighbor approached me recently that he will be listing his property within t...
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I am considering a 12 unit multifamily property in my home market of Harrisburg, PA. I am looking for recommendations for best financing options.The owner is considering financing it, but until they agree, I am plann...