Hi BP family, I’m considering buying my sister’s house here in Texas because she’s moving to California. I’m getting a pretty good deal at 135k (no agents involved.) She’s in a time crunch and would like to sell quick...
Question about how best to structure this deal. Im buying a buy and hold strategy duplex for 200k using 30% down of my money on a loan in my name. I have a partner who's willing to put up the 25k in cash that it needs...
Can you explain to me why it is important to leave some equity in a property in case of an economic downturn? I have read this in a few posts and I can't figure out why. Thanks.
Looking for hard money & private lenders in Rhode signs. Can anyone refer a company?
So here's a scenario that I could use a little bit of advice with. My wife and I are currently looking at a duplex in South Jersey. If we were to make an offer, we would purchase the duplex as our primary residence, l...
I'm looking at buying my second rental and this time I'm going to go with a private lender. The good news is that I have some great connections from my previous job. I have a great relationship with the previous own...
I own and occupy a condo in a 4-unit residential building, that has a commercial unit attached for a total of 5 units. I got this property for a steal as a foreclosure through a first time home buyer program. I have h...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lacey.
Purchase price: $240,000
Cash invested: $50,000
Shared housing
What made you interested in investing in th...
Hi all - I've heard that it's a good idea to create a "binder" of basic documentation (both personal and related to a property) when approaching lenders about purchasing an existing rental property. I would be p...
I asked this question in a different sub-forum and only had one reply, so I am asking here on the General Real Estate forum. I am looking for some perspective as to whether this is a bad move or not. I am a first time...