Hi Everyone,I am looking to get some more information about different financing options both conventional and non conventional.I am just starting out in the RE investment world and I am looking only at long term buy a...
I purchased a 3/1 for $52,000 and I have added another full bath making it a nice 3/2. It sits on just under an acre lot in a great location. Its been sitting for a few months at $133,000. I recently met with my re...
View report*This link comes directly from our calculators, based on information input by the member who posted.This is a condo unit in a rural part of the state. Unit requires minimal rehab work (clea...
Howdy BP folks!I did some research on the process of owner financing and found some good info but left me confused and with more questions. I'm hoping folks here can answer a few questions.I am currently in negotiati...
Hello BP, I have a potential legal question. If I have a relative that wants to invest some money into a property I am buying, but I do not want their name on any part of the property, is there a legal problem to be c...
Since I live in a somewhat expensive area and I'm planning to start here, my plan is to start with a single apartment.
Seems like a cheap/affordable way to start.
It looks like I could have some positive cashflow as ...
I have just started learning about real estate investing and I probably have a few years until I can really begin buying properties. I would like to use this time to learn as much as possible. I have read through a co...
My wife and I own 3 properties, two of which are rental properties. We are very new to real estate investing, but off to a good start. We recently turned our primary residence into a rental, and have about $100k in ...
I understand that for a Fannie Mae conventional loan, if you don't have tax returns for a rental, most lenders will count 75% of your rent as income and the full PITI as your debt. The part where I'm not clear on is ...
Hello BP community! I go by Naomi, my birth name is spelled Noemi but I prefer Naomi. I was born in Colombia and lived in Chicago for a few years before the winter pushed us to come to Florida. I don't have any work ...