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Hello, I am currently in the process of closing on a 3 family home in Elizabeth NJ. I am financing the home using an FHA owner occupied mortgage. Currently 2 of the units are vacant and the 3 unit is occupied by a ten...
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So after months of mailing i finally got a motivated seller to show me their property next weekend. I just had a question. If property was appraised at 125k.. and 47k is owed on the mortgage. Since the home is the on...
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I'm a newer investor from Columbus Ohio, and I'm hoping to get some insight as to what's the better investment to make as far as starting out. Right now id like to know what is the difference between buying turnkey an...
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I am currently in negotiations on my first investment property I had bought in 2006. I know it is a bad investment but i learned a lot through this mistake.
The home is located in a "B" neighborhood and I p...
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I'd rather hear it form people in the trenches actually doing it vs seeking out 'guru' answers on Google. Thank you in advance, I'm in the Hampton Roads, VA area. Hoping to connect with other local active investors.
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Hello BP family! I have another problem that would love to brainstorm and get some feedback on for San Francisco Flat that I would like to get some help on!Scenario:- Landlord/Owner bought 2 br/2ba flat in San Francis...
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We live in Portland, OR where the market is pretty overheated. Wondering if anyone here has experience in that market selling their own residential property without a listing agent, or additionally where the buyer doe...
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Hello all of you wonderful people,
My name's Martin and there's nothing more I want in this world than to be successful in real estate. I graduated in May and have been living in Iowa for the summer but have been try...
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Without being too specific, here's the scenario for a friend:A young college student wants to buy an investment property; it's a small apartment building with 11 units. Since it's over 4, a commercial loan is required...
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Short version: I have a few properties for sale, likely to sell in the next 2-3 months, whose proceeds I would like to 1031 exchange into a new much larger property. Unfortunately the property I would like to purcha...