I'm just starting out and would be incredibly appreciative of feedback on something I am a tad confused about. I have a primary residence with a fully paid off mortgage (I am very grateful for this but at the same tim...
Hey everyone, I had a quick question that is more about morality than technicalities.I'm currently looking to try to get into an owner occupied small multi-family property, to start trying to build a portfolio of rent...
Hello!We're trying to purchase our second rental property. It is two homes on one piece of land and sold "as-is", which we understood to mean the seller would make no repairs. It appeared to be in good condition but w...
I have a question concerning a Homepath property in my area.
The home is priced at 99,000. I could purchase the home as an investment with 10% down using homepath financing. I have also thought that I could encourag...
How do you guys protect yourself from lenders that fail to move files through underwriting in a timely fashion? I have had loans slip past lock periods in the past where the lender held my appraisal hostage after the...
Hi Guys!
Just a bit of an introduction about myself.
My name is Jeremiah, 27 years old, married with no kids, and I will be a millionaire before I reach 30.
I know, a pretty bold statement from a newbie, but with a ...
Hi BP community,
I have a situation, which seems a bit odd, and I would be grateful for any insights. I am looking for single family investment/rental properties in Charlotte NC and my agent found a new constructio...
As regular readers of this site know there’s plenty of sentiment (and evidence) that we’re headed for some bad times, maybe even some truly TERRIBLE times.
I have two questions:
1) Are you worried and, if so, ho...
We are in FL. Without knowledge purchased a HOA foreclosue with a 1st lien. The 1st lien is in pre-foreclosure. The homeowner's were in the process of negoiating a loan mod so the foreclosue is on hold. I dont thi...
I'm interested in bidding for a home at auction. There are two mortgages on the same property going to auction within 3 weeks of each other. The first mortgage that is going to auction is a secondary mortgage. If I ...