Hi everyone, i want to purchase my first rental property by next May/June and i just want to ask if anyone can tell me step by step process of how you did it. Just some general info, i live in Philadelphia and want to...
Hi BP! This is my first post- I just jumped into the real estate world a couple of months ago and have been having a blast so far! Recently though, I can't help but feeling like I am hitting a brick wall. Grand Rapids...
Hi,
Can you get a property under contract (that you will eventually wholesale) from a seller without engaging in a "subject to" transaction if the seller still has a mortage on the house? Here I am assuming the sell...
3 months ago, I bought a condo and I've just rented it to a nice family, the father, 3 kids and grandma.
The father told me that he loved the property and I approached him about buying it. He doesn't have any money t...
Hello, I've been reading a few posts regarding rehabbing and I've read that a few members on here do more than 20+ houses a year. Are local banks financing a large amount of houses at one time? I don't think the hard...
A relative is interested in doing a short sale. The house is in Sunland, CA. They have a first mortgage with Bank of America for about $240,000 and a HELOC with National City Bank for around $90,000. According to Zill...
A couple of the auctions for homes near me go cancelled, and I understand that this can be for a multitude of reasons, but I'm wondering how I can find out why the auction was cancelled? I'd like to continue to track...
The Links:VA- Hacking
As RentalFirst, thankyou for your time, kind stranger!'The Deets:
The long term Tenants are paying month-to-month at $750 each in 2b1b units. 1500/mo according to agent. I believe once complete...
Last November, I did my first rehab deal (BRRRR). I got it for $40k I put $30k in rehab and we thought it would appraised for $80k based on surrounding properties. The appraisal came back at $56k. I tried to challenge...
Hey guys, this is my first post on BP. I really enjoy spending time on this website, its filled with tons of good info and resources.
Currently, I have 6 units with my dad. I'm 22 yrs old, work full-time and invest o...