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We are looking at a property that will be on an upcoming auction and ordered and O&E report. When we got it back we noticed that it has a judgement lien that in which the defendant is not a listed party on the loa...
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Hey Everyone,I have a question about a potential RTO/Lease option deal that I could possibly pursue. An agent that I work with called me and asked if I or anyone I knew was interested in doing a lease option on a pr...
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Hi BP Family!I'd like to buy and hold a triplex or 4plex, but I'm unsure how I'll pay for it. My limited income won't allow me to get a FHA or conventional loan. I do have some cash; about 20% to 40% of my target purc...
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Let's assume the following scenario. I found a fourplex, ran the numbers, everything looks solid with >15% CoC return. I have a credit score of 650, have credit card debt and no savings. What are my options, if any...
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In the Smokies, by how much do you estimate revenue increases as a percentage of your prior daily average when you go from a 2 bedroom, 2 bathroom to a 4-5 bedroom, 3 bathroom?
Thanks in advance for any feedback.
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Hi Biggerpockets, I need some clarification on what the lending company is going to really charge or better yet on how to do the Proper Math!
On the contract it says the following:
The applicable annual rate will b...
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Through conversations with a few investors and investor brokers, I am getting the thought that as a wholesaler, it's best to find properties that either have not hit the mls yet and or have just hit the mls for no mor...
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I'm curious to get feedback on whether it would be worth the expense to install a 2nd boiler / hot water heater for a small duplex so the tenants can be responsible for their own gas usage. There is currently one mid-...
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Hello Everyone,
Been listening to biggerpockets podcast lately everyday and currently listening now at work. My Fiancé and myself been wanting to invest for over a little two years now but really starting to put o...
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I bought a single family home in 2017 for 206k with 3% down. Mortgage balance right now is $191k. The property is rented for $1600 per month. Houses in the area are now going for $300k but mine is probably worth $285k...