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Newbie Investor Question on Lease to Own and Getting Financing
I’m new to this so I hope this doesn’t sound stupid. Two years ago I rehabbed a house and started renting it out with a rent to own contract. We agreed upon a sale price for when the buyer is ready to buy. The ...
Hernell D.
How to get from deal one to deal two
Hey guys! I'm going to be buying my first property, a triplex or fourplex, in the upcoming months and I want to make sure this deal doesn't stifle me in anyway and I'm able to make subsequent deals.
A little backgrou...
Tristan Barrett
Real Estate House Hack
Investment Info:
Townhouse buy & hold investment in Saint George.
Purchase price: $143,000
Cash invested: $8,000
Sale price: $209,500
I house hacked this home while I was in college and over ...
Eric Shadle
Single family buy and hold in Southern California
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $299,500
Cash invested: $124,500
We bought this house as a 3 bed, 1 bath house in late 2016. The house was built in...
Ashley Obasi
Second Deal in Expensive Market
I recently bought my first condo as my primary residence using low money down. After putting some money aside for reserves I have about $30k to invest into my second deal. Not sure on what my next step should be and I...
Patrick Parker
Financing for first deal being a Realtor
BP friends. I am new to investing and wanting to buy my first properties this year. I am a realtor so looking for advice or learn how other realtors and or other self employed go about getting financing for your 1st d...
Dan N.
Capital Gains Tax Exclusion - parents and children?
We read that there is a capital gains tax exclusion of $250,000 per person. My wife and I bought a home 40 years ago for just a few thousand dollars and the home is now worth $4 million. My three children are on the d...
Doug McLeod
Running out of Fannie Mae loans - is it possible to get non-working spouse qualified?
Is there any way to attribute rental income to my non-working spouse enough to get her qualified for Fannie Mae loans? Her credit score is ~800 but she is a homemaker with no W2 income. Should I spend any time lookin...
Andrew Fudge
Second Time Poster, Long Time Reader and Listener!
Hello BP Community!I'm Andrew, a 21-year-old prospective investor! I've been teaching myself as much as possible in the last two years, and after a few months on BP I feel like it's time I introduce myself! I am looki...
Richard Armendariz
Real estate Investor
My name Richard I am a Real estate investor in Ontario,Ca..Been a private Lender for two years know for a company Fortune Weavers.I am looking for a partner that I could work with and someone that we could keep each o...