Lisa Varilone
Tentant that found out Home is in foreclosure
I am leasing a home in Milan Michigan. With rent to own option. I just found out the owner of the property is getting foreclosed on. The sheriff sale is 5/5/11.
I'm so upset, because I have done work in this house an...
Justin Lowe
help with first deal
Hello,
I have a property close to my house that is need of alot of repair and has been foreclosed on. Perfect for a rehab and rent or flip. I have done some leg work and found out that countrywide (now BofA) has it. T...
Jennifer Stradtman
Multifamily property greater than 4 units - any tips?
My realtor brought me an 8 unit multifamily opp. I’m conducting my due diligence. all currently rented for $850/mo. Taxes are $7200. Likely below market rents by $100-200/mo. No vacancies. Sale list price is $720k. B...
Phillip Luna
No down payment, should I use my VA loan?
Would it be a smart or silly decision to use a VA loan starting out to purchase a first home for a rental property? The only reason I ask is I do not have a lot of money to put as a down payment. Thank you in advance.
Kyle Martinez
How to proceed after the sale of your first property
Hello all, new BP user! Just looking to be sure that I am taking a step in the right direction here. I live in WA and was lucky to utilize the State's down-payment assistance program and purchase my first home in 2017...
Josiah Hulsey
Where do you find your comps in Houston?
Hello,I am a new real estate investor living in Houston and do not have access to the MLS. I have not decided if I will be investing within Houston (its a super hot market right now and honestly the property taxes and...
Travis Gregory
Should a OOS investor use a big bank to get pre-approval letter?
I've read that it's best to use a local lender if investing out of state, however if I am looking to invest in several different states, is it best to get pre-approval from a nationwide bank so that I can make an offe...
Teddy Patrick jr
Buying REOs
Will banks take 20% of their asking price on a property? I know it just depends on how long the property has been listed......just wanted to know if anyone out there has bought one this low.......
Ivan Loza
Do I need 24 months of work experience?
When applying for a mortgage I know lenders typically require 2+ years of employment in the same industry. Does this mean 24 actual months or just 2 years of it showing on your tax returns?I’m on my fifth year as an e...
Da Zhang
For-Sale Apartments Velocity?
Hi, what is the velocity people are seeing for for-sale apartment in NYC? Pretty slow? I'm not surprised given people are fleeing the city. Mine is in Queens, a 2B1B, on market for 6 weeks and still no offer. It's pri...