Tin Chup
Equity on inherited family home with no mortgage
Just looking for some advice. I inherited a family home in Des Moines Iowa , no mortgage assessed at maybe around $60k. Needs work, home was built in late 1800s. I’m aiming for possibly a HELOC For 3.5 FHA for a secon...
German Aguilar
Stockton CA Help "Im stuck"
Hi everyone So I'm your typical newbie i want to start and i have a lot of wants and a lot of drive to start my investing journey but i'm stuck and don't know where to start.My goal is buy and holds. I have my first h...
Rose Fleming
Alabama FHA Foreclosure and Redemption
I know someone who recently lost their home in a FHA/HUD foreclosure. I think I could acquire their rights of redemption and make a modest profit. I've read the rules about adding taxes, insurance, improvements, an...
Daniel Norber
Do you make offers without visiting?
Hey everyone,Really excited to learn from the collective wisdom of the bigger pockets forum.One of the maxims that I hear On BP is that you should expect about a 10% batting average (on average). That is to say you sh...
David Denzy
Valuing Ancillary Structures in Mobile Home Park (SF Rentals)
I know that Frank & Dave suggest selling ancillary assets when you are in the mobile home park business. My question is- what if the park contains ancillary structures that are mixed in with the mobile homes and c...
Adam D Rinehart
First BRRRR Deal to be buy & hold as a student rental property.
Investment Info:
Single-family residence buy & hold investment in Prairie View.
Purchase price: $110,000
Cash invested: $155,000
The house was a reverse mortgage foreclosure purchased as a 4/2 wi...
Austin Griffith
500k of home equity... What to do next??
Hello! I'm looking for some advice/direction from the community for my next real estate investment.
I completed construction on my home in the Hudson Valley in 2020. Acting as my own GC, I was able to save quite a bi...
Kerry M.
Why a 7 year loan?
Hi - I have spoken to two bankers. The first is with a major bank who was talking about a 20 year mortgage. The second, a local smaller bank, without an application and over the phone, mentioned a 7 year 'abundance ...
Tom McGiveron
Land Wholesale
we signed an assignment contract for vacant lot in Lago Vista Texas. contract was signed in end of july with the assignor saying it would be a quick closing.
okay, we're going into september. this is for one lot....
Kin Hei Lam
Giant Headache
Hey EveryoneI've been trying to buy a house for a while now. Recently this June, I saw a detached 2 Family house in Woodhaven, New York. The Seller is an investor and he didn't want to use an agent. My brother and I ...