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Last night I attended my local REI meeting and the topic was about private lending. This seminar was so helpful and got my wheels turning about prospective family and close family friends who could potentially be a pr...
Hey so I’m curious how this works, maybe someone can fill me in. Let’s say I make $4000 a month and am looking at 4 unit properties, to make it simple well say each unit pays $1000 each month. In this case would I qu...
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Newbie here...so what's the life cycle of a house that goes to into Foreclosure? courthouse auction--->bank sells where?--->MLS?
I ask because I'm a huge fan of the 3ft rule and I talk to anyone I can about re...
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Hey guys! Hope you're all doing Good and business is goong well. Im New to BP and real estate, i've been reading alot and i had some questions maybe you guys could help me out with.
I want to buy an apartment as an i...
Hello,
I am looking to get financing on my first deal. I am looking at purchasing a multi-family apartment (max of 4 unit) through the FHA program.
I am 22 and self-employed. My gross income is a lot higher than my ...
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what kind of issues am i looking at if i pay contractors cash.
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I have a multi-unit that I'm selling that needs extensive rehab. I'm selling for the cost of the mortgage; however, the buyer does not have the cash to purchase or the ability to get a loan until the property is reha...
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Hello everyone, I just closed on my first rental property (duplex) in the DFW area. Biggerpockets has given me the motivation and courage to step out into REI. Reading and listening podcasts, posts and blogs has give...
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Hey BP Community!
I found an incredible deal (a bit out of my price range) but trying to ask HOW CAN instead of can't. With some finesse, I got the seller to agree on some creative financing. I so have some question...
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Do they allow market/future rents to calculate? Or do they use current rents?
What ive been able to gather is that they will allow future rents if the place is vacant, and current rents if they are occupied.
Finally...