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Hey BP,I am looking into purchasing a $170,000 duplex using an FHA loan and house hacking. The duplex is a bank foreclosed REO and I think the asking price is about where the home is valued at. It is located in a ni...
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What is the best interest rate you can expect to get right now for a single family primary residence conventional loan?
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Hello BP Community -There is a lot of talk on BP about single family home rehabs but I am curious to know if people have had success in the condo arena. Pros and cons? Strategies? etc.
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All,My property is up for a new lease and i am in the process of renting it to the next tenant. I have just screened candidates through zillow rental manager and shortlisted 2 potential renters.1) An attorney with a r...
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Trying to get the correct understanding of this process. I want to do a 3yr with 3.5% down and $100/month rental credit.My main question is what happens at the end of the 3 yr period. I am under the impression that th...
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Hi fellow investors. I was evaluating a 88 unit complex and based on T12 financials it runs 69% expense ratio. Based on the actuals it is worth $4.2mm.Now the property doesn't have a listed price and they are looking ...
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Good day everyone! I am currently planning on buying a second primarily house using a VA Loan this time. I want to buy a house that's bigger than what I need to rent out the extra rooms. Can you please share pros and ...
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I am looking at a two story two bedroom condo that is listed at 75K with $1750/year taxes and a $340 condo fee. Condo fee sounds high but it covers heat, exterior maintenance, common area, trash, sewer, etc.
The u...
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I'm considering making an offer on a vacant, absentee-owner unit in Destin to use as a vacation rental. It's in a complex that is mostly used for STR/vacation rentals. I'd like to get owner financing (and am told that...
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I am looking at an opportunity to invest in my first MHP with an experienced investor. The park is out state and my partner owns two other parks in the state. We are considering doing a 50/50 partnership where he will...