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Currently dealing with a situation where a family member is buying a home.Seller agreed to sell. Buyer invested in an inspection and appraisal. Earnest money is held by lawyer.On the original day of closing, the selle...
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Investment Info:
Back in 2016. Small multi-family (2-4 units) buy & hold investment in Bronx.
Purchase price: $560,000
Cash invested: $50,000
3 family house in the Bronx, NY. My first investmen...
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I own my home after paying the mortgage off in 7 years. I have $200k+ in equity. I am thinking about trying to use it as leverage to buy a rental. I am a product of Dave Ramsey so the idea of levering what I’ve just ...
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Will try to keep it as concise & to the point as possible so here goes:I bought this duplex over the summer & it came with Tenant A, and their lease that runs through November 2021. Tenant A has been there 5 y...
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Investment Info:
Small multi-family (2-4 units) hard money loan investment in Kettering.
Purchase price: $142,000
Cash invested: $92,000Cash to Close: $35,000
Renovations: $57,000
ARV: $210,000
70% L...
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I'm in the Souther Maryland area house hacking with a SFR. While I am occupying the main and upper levels, I plan to rent the walk out basement. It is all ready except for the fact there is no heat down there. I moved...
I was screening possible tenants in Nevada for a house, and I got a call from a group who all had very low income and loose-ties.
A woman and her 2-month boyfriend, plus three other friends whom they didn't know supe...
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Hello, I’m just getting started in real estate investing and I want to run my plan by you. I’ll find a hard money lender for an auction property, renovate, refinance and rent. Seems simple, but I know there are issues...
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An ugly headline, an even uglier reality. Rental Debt is estimated at $25 Billion (Source: Stout, a global investment bank/advisor). Housing subsidies included in Covid Relief Legislation will not come near resolving...
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Hello Biggerpockets,
I have finally committed to pursuing my dream of a career in real estate. I have been a special education teacher for the past 3 years, and I have worked with adults with disabilities for about 8...