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I have a question on financing. I’m trying to determine the best of the two following options for financing a property that I’m buying for 130k. 1. Financing 75% at fixed 5% over 30 years. $36k up front cost. 2. Payin...
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Location: Roanoke, VA
I am needing a contact/advice on lending options for duplex investment property (only 2 doors). I was working with a local bank, whom was offering a conventional loan but required %25 down paym...
Hey everyone, im new to these forums but i have been doing research on real estate investing for a while now.
I have a friend that what he does is he pretty much acts as a real estate investor but he does not have a ...
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If you build a new house, and rent it out with a 1 to 1.5 year lease, and the buyer is renting to own, but the sale takes place after the lease ends, is this treated as income or as a capital gain? Would the rental p...
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My wife and I were working on getting pre-approved for a loan on a fixer upper house to "househack". During the process, I got layed off from my job as an apprentice electrician in the union. Until I get back to work,...
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Hello All,I have a home that we are ready to sell, due to ROI and life.Home Value is $225KMortgage is $93KRent is $1100Area rent ave is $1100-$1250Things to consider-Current tenants have been excellent renters for the...
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Assuming the same purchase price and property condition, would you prefer Option A or Option B when buying a Quad-Plex in the Huntsville/North Alabama market. If you can ad some details as to why you prefer one option...
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So I'm about to setup my first sandwich lease option and I'm reading through the paperwork that the seller/optionor/lessor will sign and I was wondering if you could help me read the legaleze. There's a few clauses t...
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I am from Kirkland, WA and very excited that I and am in the final stages of securing a favorable Lease to Own agreement with my current Landlord. We have come to terms with the purchase price, length of lease, month...
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Hello, my name is Katina Stewart and I'm new to the Bigger Pockets forum. I currently have two financing options and I'm struggling to decide on which to take.My plan is to purchase a few homes to flip and to later p...