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Trying to buy a small commercial plaza. Asked the owner if he would seller finance any of it, he replied “i would probably take out a second mortgage on it”. How does that work and what does it mean?
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Good after noon Bigger Pockets family I'm 100% fresh out of the boat, I don't have deals in 50 states or have investors backing me up just a humble beginner looking to learn more about this industry. I guess I should ...
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I've been reading Frank Gallinelli's book on cash flow and determined my method of budgeting is, well pretty much nonexistent. So I've been working hard to change that. I have 2 questions for you guys. Do my CapEx est...
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I am receiving conflicting information from different lenders, when it comes to the way student loans are calculated toward ratios when obtaining and FHA loan. While I did some research and found the verbiage direct...
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Hi, fairly new to bigger pockets. I'm looking to invest in multifamily property either side by side apt. or property with separate dwelings. spoke to a couple of lenders & both are telling me that they recommend I...
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Hello!My husband and I are under contract for a condo in Gulf shores that we will use as a STR (we close this Thursday). The seller is also selling the one next to the one we are buying. We used up all our capital and...
Hello,I am 24 years of age and I currently been thinking about my first rental property and I'm going through my options.I work full-time as a Leasing and Marketing associate and my gross income is around 50K a year, ...
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Hello All,Im looking into purchasing a multi family property in one of the best school districts in Georgia. The seller want an absurd price and I am trying to figure out a way to somehow make it a win win. They are a...
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I bought the duplex back in 2017 with my now ex-wife. I didn't have any equity when we split up, the divorce left me $18k in the hole, and I was utterly defeated about the situation. I have been occupying one unit whi...
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I'm wondering on what my next move can be. I'm wanting to scale my "business" into more properties or multifamily properties. I'm going to give you my situation, and let's see if anyone has any wisdom on this.
So, I...