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Seeking advice on creative financing. I am trying to help Sister-in-law family buy their first home. Their income is around $50K last year. We will help them with their savings to make 20% down. Basically gifting so n...
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This sounds like a purchase and then a lease option but I'm not exactly sure. I plan on bringing in a local expert but want to get BP's take on it.
Here's the details
owner needs to sell. lets say it's for 100-110k
...
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Hey BiggerPocket, it's a silly situation, it's my fault, I hope you don't laugh at me too much LOLI made an offer on a house, they accepted it almost instantly, I realize the purchase price is too high, what should I ...
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I should start by saying I have already taken the course and passed the state licensing exam. So naturally I feel inclined to pull the trigger since I've already invested all of that time. I live in Michigan if that ...
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Recently purchased a property with build potential. There's a tree that can be removed without requiring a permit, and it probably has 2+ years before it grows large enough that we would need a permit. The tree is a...
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We have a line on a 100 plus year old historic log cabin in our target area in our target price range. It has some minor structural issues and all systems would need replacing/developing however I'm a bit afraid of o...
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Hi guys, My goal is to have $20000/ month in three years after taxes from real estate. After many months of educating myself through podcasts on BP, forums and also YouTube videos this is what I hope to achieve. I hav...
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Here is my situation. I have a friend whose uncle would like to sell his house and has offered to sell it to him for 80K, even though it is worth around 100-105K (that is the value that I have given it looking at com...
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What is the best way for a new landlord to screen a tenant's credit, financials, and background for free?We are new landlords searching for a first tenants and want to start off right.
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I've been a longtime lurker, but this is my first venture and post, really need help/advice.I've been under contract to purchase a 2 flat in the Jeff/Portage Park neighborhood of Chicago, it was a not approved short s...