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Hello,
I have an opportunity to buy a house one house down from a property I own. It is in a college town and generates 1000-1200 a month. I am currently in physician assistant school and graduate in July 2018. I cann...
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I joined BP not long ago and learned about the 50% rule and 2% rule. Perhaps I don't understand these rules completely?.. Intrigued I sat down today to crunch some numbers:Assumptions:Expenses = rent*.5 rent = .02 * v...
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Hello, all,
I am conflicted on what my next path will be. At this point in time, I don't know whether to buy cheaper properties for CASH and do only needed repairs and resell, Fix and Flip. Do several of those?
I ...
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A realtor friend, gave me a lead on a property that is not listed on the mls. Another realtor, friend of the property owner, sent my realtor friend an email about this property. I am interested in purchasing it f...
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I bought a small residential house at a great price 3 years ago with the intent to fix it up a bit and resell it for my first investment. I did take advantage of the first year homebuyer program and after 3 years...
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I am buying a partial on a note and we are finalizing the agreement does anyone know where I can get a contract that is already written for this transaction.
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Hey all, I'm new to the world of REI and recently purchased a duplex (Dec '16) that was supposed to be a 50/50 deal with a partner. At the time of closing, my partner did not have the funds because he was still closin...
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So I'm going to look at a house tomorrow. Here's the scoop:The seller is selling the house they are living in to move into a bigger house. The prospect property is owned free and clear.My task:• Talk the seller into f...
Own a home in desirable country club community outside of Washington DC. Want to sell and stay for at least 4 years until kids in college. Reason: Want to access equity for new business but credit not good so selli...
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I have a question where I'm not sure of the legality. Looking for your helpful advice.Here is the plan: I purchase my first home for $100k. I use $10k from my Roth IRA as part of a $25k downpayment as a first-time hom...