Kalem Geerts
What kind of lending would work???
Hello all BP family. I'm kalem geerts and yes I'm still new at this . I'm seeking so advice on a deal that was brought to me. INFO-- this is a 6 home deal for 80,000 . 4 of them are mobile homes with carport, and 2 I...
Jamison Schweitzer
Please review my analysis
Hi everyoneI have an opportunity to purchase a duplex and two mobile homes on two parcels and I'd like to run my analysis by you all to see if I'm thinking clearly... and I'd love any advice regarding owning/managing...
Claudius Brooks
Househacking duplex with 2 different addresses
Newbie question Has anyone ever ran into an issue of trying to purchase a duplex but it's listed with 2 different addresses? So you have to take out 2 separate mortgages and one will be considered an investment . Ple...
Jared Sandler
Hard Money vs Private
Just curious...what are some of the challenges you have dealt with when using a hard money lender vs a private lender? what are the benefits of each?
Jazzmine Johnson
Newbie Looking to Connect
Hello Everyone ! I am new here but am interested in learning about buying properties with Tax Liens. When I pay the tax lien does that mean that I have to pay a mortgage on the property as well?
Takiyah Riley
Using personal line of credit for down payment on rental property
Hey everyone, So this what I did..I have access to 60K in personal LOC. Instead of using my own capital (16K) I used 30k of my personal LOC for the down payment on a duplex. The all in cost is 85K with an ARV of 125-1...
Phuong Pham
How to change a condominum to a single house?
Hi,I bought this condo is 2010. This is a condo/townhouse. ( Not attached house - doesn't share wall ).The builder went bankruptcy and the bank took the empty lot. Only about 20 units were built before he went bankrup...
David Wolf
Help With High End Lot Purchase In Partially Developed $1M+ Area
Hello BP, Got a question outside of my realm of expertise. We have two lots under contract in a high end suburb of Atlanta. We would be purchasing at $200,000 for both when comparable lot comps being sold by the devel...
Gary Schiefelbein
Owner financing of mobile homes
I've been reading up on owner financing from a sellers perspective and still don't have a clear understanding of how many proprties as an individual I can owner finance in a year due to the Dodd frank safe act. Does ...
Anna Ding
FHA vs conventional
What are the the pros and cons of using FHA vs conventional 20% down? Can you switch from FHA to conventional to avoid PMIs in the middle of the loan term?