Hey everyone,
I’ve got a cash buyer to buy my home. I owe about 200k on it. I’ve agreed to 200k down and 200k financed over 5 months. The next question is should I pay off the mortgage company as soon as the down pa...
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Hi all,Looking at an elderly couple for tenants but she has a bankruptcy Ch. 7 from a fused spine injury that ended her carrier. Both FICO's look good, low debt, steady retirement income 4x the rent, previous referen...
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Hello fellow BP investors!
I am returning to the Minneapolis market in a few months to begin my journey as a buy and hold investor (I have spent a few years abroad). I have been analyzing what properties I can for a ...
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Hi BP, I read "Every Landlord's Tax Deduction Guide" by NOLO, great book. I have a question regarding the cost basis for a property. Purchased: 69K, mid year during the tax year. Market value was about 85K.Tax Asses...
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Hello there,
I’m closing on a property next week on conventional 20% down loan. My lender locked the rate 4.75% at least 2 months ago and I believe rates have dropped a little. I’ve already asked the lender to run an...
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Hi BP, Second post of the daily.Happy Valentines to all.....Is anyone familair with zoning in philly and what are the hurdles one has to endure if I decided to rezone a piece of property? Idk if this is possible but I...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $83,000
Cash invested: $2,905
Purchased to live in, renovated for ~$25,000, and rented out 4 years later. Cashout...
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Good morning all,So I bought my first property (4br 2bt) for 285 last November using the VA loan and its value has gone up since then and I am currently house hacking it. (Renting out the other 3 rooms).My question is...
Good Morning BiggerPockets! I’m just starting to take action to get into real estate investing. I’m looking to start with house-hacking into the BRRRR method but I have a question about finding private money.What is a...
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Hello all. I'm a newbie investor based in Atlanta looking to invest in my 1st multi-family property using the FHA/FHA 203k loan. I found a fixer-upper property that has two duplexes on one lot. They were originally du...