We are first-time home buyers. Our lender has approved us for a 150k loan for the Seattle area and is suggesting that we pursue a Fannie Mae home. We have up to 25k to spend on down but would rather not put that much ...
Short sale under contract in February. First BPO done, Bank offered us $220,000 - OUR offer was $128,900. We said no and started laying out the framework that that was an ARV, and home needed a lot of work. Second ...
Hello everyone, i live in Chicago and would like to become an investor and start doing short sale deals and wholesaling properties. I wouldnt mind spending few thousands to invest for my education, but i want to lea...
I'm just starting out in REI, living in Durham, NC. I'm still looking for my first deal, and I'm interested in buying a duplex/multifamily home to "house hack" as an owner-occupant with an FHA loan.I'm having a hard t...
I have viewed many tenant occupied properties with horror, wondering how the landlord could get away with it. Stairs to basement broken, hot water tank not working for months, broken windows, one burner on the stove w...
After finding an HML that will lend where your prospect house is (most will only lend in major metro areas or have steeper rates if they do lend outside metro areas), I would ask these questions:
Are you a direct len...
If your strategy is long-term buy and hold, how long do you prefer your tenant leases are (in a class C area)? And, why?
A) Month-to-month
B) 6-months
C) 1-year
I am looking for a little strategy on this situation. I live in a nice neighborhood in Las Vegas. My next door neighbor (older couple looking to relocate to Kentucky) is selling their home, which is the exact model ...
Hello I am considering getting my real estate license in The State of Michigan. What would be my best route? Online classes or the traditional 40 hr classroom? Also wondering once i get license i assume i would have t...
Hello BP community! I'll try not to shave too many years off your lives with my introduction, but it's going to be a long one, so I can cover the bases!
I'm not currently an investor...yet, but I had a "serio...