Hello all, I'm new to the forum and live in Illinois. I'm currently reading some blog posts, articles and some of the tutorials. I am looking to get into buying rental properties, ideally starting next spring. ...
Hello,
I am looking to buy my first rental property via house hack when my lease expires in July 2020. Because a shortage of initial funds, I am going to put a down payment via 3.5 % FHA Loan. However, I have a few q...
I was brought the opportunity to buy the note on 40+SFR, however, it is a blanket loan and all 40 are under one note. If the borrower isn't paying do I have the right to foreclose on all 40 at one time or will each ho...
I have owned a house, not my primary residence for 12 years. Purchase Price = $108,250Zillow Value - $130,000Rate = 5.75%Payment = $822/monthMy disabled father has rented it from me for the last 7 years. He is on a fi...
What does this all exactly mean? thank you for your help. ALL CASH, NEW LOAN OR ASSUME EXISTING 5% INTEREST/30 YEAR FULLY AMORTIZED LOAN WITH APPROX. $176,000 BALANCE (8% INTEREST STARTING IN SEPTEMBER 2018). NO ASS...
I'm selling a rental property for $232,000. There is a $60,000 loan balance owed on it. After commission and closing costs and paying off the first, I will net $158,000. 1. Can someone clarify for me which of the abov...
Hello bigger pockets family I would like to get your take on a situation.I have a 61 year old retired family member that’s currently renting for $1350 a month and they recently inherited a home in the DFW area. It’s l...
Has anyone ever done the BRRR strategy with turn keys? Is it possible at all? And if anyone has any success please share. Thank you
I'm currently in talks with rp funding in Orlando Florida. I'm want to do a cash out refi they are saying it would be around 4.65% and I have no fees what so ever...
Is this a good deal and what are some of you guys...
Beginner question here, what is the right method to peruse a house using a private loan. I need a proof of funds letter to show the seller / seller agent. What does this letter have to say? I heard you can use a pictu...