Found our first deal and they have accepted our offer.  It’s a single family and will be purchasing for $105k.  Our lender has said we can do 15% down, and seller is paying $2k of closing, so total to come to the tabl...

Anyone know of a good reia group in San Antonio?

I have saved up enough to make a down payment on a investment property, I am wondering what are the banks looking for when I try to buy a property. 

I have one rental property right now, I'm under contract to buy my 2nd. Right now I have my personal bank account with it's 5 sub-accounts. I also have a separate bank account for my property (with it's 5 sub-accounts...

Hello BP’sI wanted to know what you look for as an average net per door/unit. Some say at least $100 per door but I have heard this for many years. Does it differ from sfh to multifamily? Just wondering if that still ...

I was listening to a older BP podcast and one of the guests mentioned buying prop at auction on line (but this was not the main title or subject of the pod-cast).  He said something to the effect that you have to be c...

So while looking over the MLS'y sites (FranklyMLS if you're curious) for properties in my area I found one for 100k that is going to be an on-site auction.  I believe its worth far more than 100k and while it has some...

Where in the contract would you put the clause to adjust your offer price if you found something during the due diligence phase that had a negative impact on the NOI. Also, how would you word this?

Thanks in advance ...

Have you ever heard of a multifamily landlord paying their 80% LTV mortgage with "other income" and banking their rents? I'm consumed with the idea and have to solve this riddle.

How could a multifamily owner use the...

I look at the Hud store properties and Homepath properties websites and see some really good deals but can't be pre-approved for financing because of my own credit situation.I have a list of Private Lenders in my area...