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I've been running into a wall where the lenders I've contacted about getting an FHA loan for a multifamily will only work with duplexes maximum with a 3.5% down payment - for a 3/4-plex, they require 20-25% down. From...
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BP members!! Advice is needed!
I am a new investor with one property under my belt already, but I am looking to obtain a new property through creative financing options. I want to approach the owner of the home with...
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Hello, I have a few short term-rentals that are lease arbitrages and partnerships with fully furnished apartments. I have come across a unit that would be perfect for what I am looking to do but the unit is not furnis...
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Can someone educate me on the guidelines and help me determine if this option is possible? I'm looking to understand what the determining factors are to decide if it fits a 1031.I'm selling a rental condo to 1031 exch...
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Hello, BiggerPockets! Complete newbie here...to be exact, I'm about halfway through Brandon's "Book on Rental Property Investing" (so needless to say my excitement is through the roof, but more importantly I've commit...
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I've recently left my long term real job. I'm now working full time as a realtor and investor. I've got my living expenses pretty low, but still trying to get used to the idea of not having a steady stream of paych...
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I am looking for finance recommendations for an up/down duplex reno. I can pay cash for the reno, but want to have that cash available in Q3/Q4 2021 for my next property. I've searched the forums, but since credit is ...
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I’m fairly new to the St. Louis area and have been doing a lot of research and reading on rental property investing. Looking to buy my first property here in the next few months. Looking at using the BRRR strategy on ...
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Hello!! I'm Christian and I'm from Pennsylvania but a resident of Arizona for over 8 years now. I spent my 20's biking around Sedona, AZ and growing my hair out. Now I'm 36, engaged, and using my eyes to see the fin...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $38,000
Cash invested: $43,000
Sale price: $143,000
1900 build; largest expense was drywall retexture. Me and ...