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Hi all, long time BP member here, never posted on this forum.
As concisely as I think I can make this post:Q: When is it appropriate to bring up seller financing? at the initial offer or later in the process?
My ex...
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First of all, I am in Washington State. Is there a state specific OFFER that is required or will a general "Letter of Intent" be sufficient prior to drafting the "Purchase Agreement"? I understand that the sale cont...
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I'm interested in a couple multifamily complexes... one has 14 units and the other consists of 4 duplexes with land to build more. I'm looking at around $250k for one and $500k for the other. I contacted my banker at ...
Hello all, I'm newish to BP, and have done a lot of reading and listening in the last few weeks. I have been around real estate investing all my life so I'm pretty familiar with most strategies being used. I always ...
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I’ve heard from many people that finding someone to partner with when first starting out can be a good idea. What makes it a good idea?
Is it combining money for down payments?
Also, would it ever make sense for a su...
Hi All,
I currently have a couple SFH rentals that I used a HELOC (against primary residence) for downpayment and rehab. They needed light rehab, and the purchase price reflected that in the sense that they were clos...
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Hello all, First a little about my situation. I'm a new REI in the New Orleans market. The home I live in now is paid in full. I have a very small amount of cash (>15k) and not the best credit (655 at best). I j...
Hi, I've been asking a lot of questions lately and everyone has been gracious and I've taken it to brain. thank you all. Now here is my dilemma , the real deal is coming and my question is what is the best path to g...
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I am Active Duty Officer and currently own a home in Texas with 85k left on loan (100k originally borrowed at 15 years conventional) on property that is around 300k at 4.25%. The tenants are leaving end of August and ...
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Can I use future rental income on an investment property to qualify for a mortgage? I will not be living in the property. It will be completely rented out. I have 70% down payment.