So I am buying a property through a wholesaler, I already put down 7k of earnest money on the property, a hard money lender who I am working with (and got from the bigger pockets lists) asked for a "Good Faith Deposit...
Hi!My husband and I are potentially making some big changes in our living situation in the next 3 - 6 months. We have a multi unit property in North Hollywood. A 3bed/2bath front home and a 2bed/1.5 bath duplex behi...
I am looking to invest in my first rental property. For a first time investor, is it better to purchase a home out-of-state with more cash flow or a property in closer proximity with less cash flow? More specifically,...
Does any here do new construction? I'm Trying to buy s lot, and I was hoping to get hard money to be able to buy the lot and build the house, than at finish get a conventional loan to pay off the hard money loan. Has ...
The tenants ‘boyfriend’ leaves the property and oddly enough, another male shows up for a short amount of time. This happens regularly, according to the on-site care taker of the property. There’s either drug dealing,...
My tenant of 3 years is interested in converting his next lease renewal to an owner finance purchase and I was hoping someone might have some examples of what they've done in the past. They don't have the cash to do ...
I'm buying my first rental property. Actually, my first home period. I'm told I have to put 10% down since it's an investment property. Is this true? What other options do I have? I have the cash and I'm definate...
So I have an interesting flip situation. I bought a Fannie Mae house on June 19th and because I am unable to sell it more than 20% before 90 days from recorded deed, I decided to sit on it for few weeks before I start...
Hey BP...I have noticed a few private lenders in my area offering minimum loan amounts, for example $80,000 min loan amount. They all require a down payment of at least 20% - with points of course. Just wondering w...
So I'm a new investor located in Michigan and I purchased my first 4plex about two months ago and one of my four tenants has been a pain on every level and I would like to hear what you guys think I should or shouldn'...