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Hello! Newbie here, but have been listening to a lot of podcasts on real estate and i came across an episode about using 203K Loan to buy a duplex, has anyone done this? If you have, what was your experience with it? ...
Buy and hold multifamily residential property vs. note investing vs. REITs, Pro vs. Con?One podcast I heared Joshua Dorkin mention he was interested in shifting from buy and hold multifamily residential, to note inves...
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Hello all! I am new to the game with only one previous tenant under my belt. Looking for recommendations on verifying tenants employment and current/previous landlords. I currently have my property listed on Zillow an...
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Good morning,I am a new investor and I just recently had an offer accepted on my first two homes. One in NC and the other in IN (I live in CA). I have had all the inspections done and I am now in the process of sortin...
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Hello Everyone,This is my first time posting here and was hoping to get some assistance in reviewing the loan terms I've received from a local bank. Are they good? Are they pretty standard? This is my first time se...
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I have found a property, which is in the pre-foreclosure process in S Florida and was wondering if its better to approach the home owner by means of a letter, which Im sure they would have many, or knock on the door a...
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Hello BP community,
I have observed a lot of confusion on the forums about financing options and the availability of programs for RE investors. As I have gained a ton of knowledge from the forums in my own journey, I...
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Lets say I spend all my money on the down payment for a multifamily rental home. How would I afford another down payment for when I buy another multifamily? Would I save up my income from tenants? That would take YEAR...
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I just received a call from my banker telling me that this policy would be effective on June 29 2008. This really slow down a lot of new investors like me. Does anyone know if this applies for the whole lending indust...
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Hey BP,I'm considering starting a property management firm that will only deal with my own rental units. This company will not own the rentals, because I do not want to trigger the Payment Due on Sale clause in the mo...