I have a primary residence under a conventional loan. I was consider buying a duplex in town with FHA financing in Tucson AZ while renting out my primary residence to collect money to buy turnkey properties out of sta...
I am thinking about buying a condo at an auction to fix up and resell. I live in Los Angeles and there is a healthy market for condos. I have never done this before and would really appreciate input form anyone w...
Hey BPStarted looking for some commercial development deals in the Temecula Valley Area of California (Murrieta, Temecula, etc...) wondering if anyone has commercial tips and tricks out there. Seems like there is not...
I've come across a few multi-family properties that are listed as cash only. They list their terms as:
[i]Payment for the full purchase amount plus the closing costs are to be wired within 48 hours of an accepted o...
I rented my first property! The background check was clean, he had a good score and great income. After I gave him the keys he thanked me for giving him a chance. I was confused and then he disclosed he had to go to c...
Hello Everyone,I am trying to buy a Condo (2 bedroom 1 bath). The insurer is requires paperwork on Covenant and Condo by-laws.What is Covenant and By-laws of Condo association and why is it required for Insurance ?
Well it's been over 5 years since we first started as landlords we have done 10 deals and have had over 20 tenants. And now it time for the first eviction :( Our tenants moved in, paid one month and now he is outa wor...
BP,
Are there any banks out there that will let you put only 10% down? Does anyone have any experience doing this? I have a deal on the table that I can't fully fund at 15 or 20%. I appreciate it!
I just posted a blog showing three reasons I've passed on buying a performing note. Instead of clogging up the forum I'll just leave a link for those who might be interested.https://www.biggerpockets.com/blogs/7697/48...
This is my first rental property- a duplex in Sioux Falls, SD. Inherited one tenant, who has been good so far. The other tenant I moved in; fully vetted, including employer reference and last 2 landlord references, al...