I bought this property with a friend 3 years ago with an FHA loan 4.2% interest rate. We have been househacking the property for 3 years. I moved out to the DMV area but my friend is still househacking it.We bought it...
Hi there!New in town & tired of renting! I am a hotel manager, and have been for a long time. I’d like to try my hand at being land lord as well. I’d just like to possibly meet an agent, or better yet, friends and...
I am in process of purchasing my first investment home. There are tenants in the property right now, they have been there for 4-5 years and they are asking if i would consider for them to stay. Their current rent is a...
Hi Every1,I have done a couple of fixer upper projects and now I am considering taking a leap into the big game viz. a home construction project on a vacant land. Here's what I am dealing with -(A). Empty lot owned by...
I’m under contract for my first rental...and it’s actually a portfolio of a few single family homes. I based my offer (426k) off a loan with 20% down payment with 3.75% interest rate over 30 years, but the bank came ...
Hello Everyone!I am new to Biggerpockets and REI. Have been reading and learning for the last couple of months. Looks like I am ready for my first investment. Although I now live in WA, I have selected some Texas citi...
Ok, this is my first forum post (on any platform) so hopefully this comes out clear.I just advertised my first rental and we have been getting calls and I have come across 2 things I was not prepared for.1. We have a ...
I'm somewhat new to note investing. While I have created notes in the course of buying and selling properties, I have never purchased an existing note. My company has flipped hundreds of homes and structured owner fin...
For those of you that can tolerate a novel...Here's what's going through this novice investor's mind : ) After a year of REIA meetings & a reading a shelf of books I’ve just gotten my first property under contrac...
In reading @Manuel Acunas blog post about the tight market where he lives, and inability to get offers accepted at the price point he needs them to be, I got to thinking. Many investors are 'wholesalers' buying houses...