I have a question about financing rental property? My other three properties have all been bought with cash, and I am nervous about taking out a lot for a rental property. I have 20% down, possibly more just avoiding ...
I would like to buy 1-3 rental properties for my parents, with their funds. As their money will ultimately come to me, this is sort of like managing my own money.
However, my parents are fairly disorganized. While...
Hello BP Community. First post!
I have a duplex in Ohio that I bought for $86k back in 2015 using FHA. The intent was to live in one side but I ended up getting a job that moved me across the country. Both units are ...
Hey all,
Rookie here looking for opinions on my situation.
My partner and I live in a nice townhome in a desirable area of Northern Virginia. We want to move further west to get some more space but it leaves us ...
I have attended several sales in my county and bid on a few properties but have not won one yet. I will be back on Jan 2 to try again. Most of the auctions I attended the bidding seldom went for more than a few hund...
I am a private lender. In 2007 I funded a second mortgage for an investor who had taken a house subject 2.
Today the house value has dropped and the investor is upside-down in the house. To the best of my knowledge...
Hello Guys and Gals,I'm doing due diligence (preliminary) on a potential NPN in the detroit area and was looking to get your thoughts/ideas on the this potential deal. More specifically the risk with NPN's with large...
Hello,I’m looking to invest out of state. Below is a list of questions I’d like to get advice on to determine how best to proceed. Would appreciate any feedback!1. Should I incorporate in the state I will own and rent...
Good Morning, I have someone who will be helping me get my journey started by gifting me 100k. I know they are responsible for tax forms on their end. What's the easiest way to receive the money? Is it as simple as...
Hello Friends, I purchased a house in 2017 and lived there for 4 years as my homestead's primary residence. Following that we moved out and turned it into a short-term vacation rental around April 2021 and the last ye...