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I want to investing in real estate by buying a house or two to rent out.Since i have the FHA loan on my first home.. what other types of loans are out there besides investment property or second home? I just need help...
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Hey all. I’ve secured a HELOC in order to finance my backyard ADU build. Already have plans drawn and getting ready to submit for permitting. But I’m getting a bit of cold feet regarding the HELOC. Assuming I draw $10...
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Hello all,
I am in the process of refinancing the duplex that I am house-hacking, with the main goal being a cash out refinance. I have significantly increased the rent compared to what the property was renting for w...
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Ok so here’s the deal...A high school friend of mine down on his luck (stroke victim, divorce, health issues, etc) is nearing achievement of obtaining disability due to health issues. He owes 10k on a land contract fo...
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I just bought a property at an estate auction. The Agreement of Sale reads: "Title shall be good and marketable, and free and clear of all liens and encumbrances, except such utility and access right of-ways as may...
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Hello investers!I just closed on my first multi unit apartment in Chicago, IL. Its a FHA mortgage and I will live in one and rent out the other two units. Im looking for help on Whats my options olfor business entitie...
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Hello
I am new here. I have read through the forums for some time and finally decided to sign up. I have some questions. I understand this topic may have been covered but I was hoping to start a discussion on my ...
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Hello BP Family! Gotta love the "Related Forum Discussions" tool. As soon as you think you have a novel concept, its there waiting to let you know someone has done it before haha. Which is actually good because I got ...
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I've been getting the advice that putting 20% down, when available, is a smarter choice than putting 25% down, all in the context of rental property purchases. The reasoning seems to be that a) 20% down keeps more cas...
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@James Hiddle
I think we're not on the same page Hiddle.
I don't think buying a house for $50,000 and then selling it for $100,000 is a crappy deal.
Here's an example of a typical deal for me...and I've done this man...