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When trying to consider an investment in, what on BP is called, house-hacking. What is the best way for one to go about getting tenant. In owning a 2 unit, aren't you paying double the mortgage essentially? How diffic...
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I have an owner who is looking to get out of her Mobile Home Park.She has NO Rent Roll or contracts that the tenants are on, just month to month agreements. Let me give you the numbers:19 Lots17 Occupied 7 park owned...
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I'm considering purchasing a pair of duplexes from an older gentleman. He's been renting these properties for 25-30 years and is looking to be done with them. I'm considering a seller-finance offer to help with clos...
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I am looking to flip my first property. I have a good deal with a potential profit of ~$30K. I have enough for the downpayment and to get started with a hard money lender but my concern is the holding cost. Here’s the...
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Hi All,My girlfriend and I just bought our first duplex and are about to rent out a unit (we are house-hacking). Our realtor pre-screened a bunch of applicants, and she finally sent one to us that met the criteria. I...
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I'm curious if anyone has had any experience working with hard money lenders that offer non-doc loans for rehabs?
I have had no verifable income since 2004 but do have have a sizeable amount of money in the bank (50k...
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So since I started I purchased my first 2 properties with cash. First one a duplex with $22,000 all in and cashflowing $700 a month. Then a SFH for $30,000 all in and cashflowing $400. I then took a line of credit ou...
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Very general question...As a real estate investor, what could I do with vacant land? There's lots of relatively inexpensive parcels for sale.Would home building be my only option?
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Being a new investor with absolutely no money in my bank account, I am very interested in the prospect of Seller Financing. I have read that it is usally much much easier to work out a financing deal with a property o...
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I'm looking at a 24 unit in a small town. The property is bank owned and is ~50% full. The bank has been telling the onsite manager not to lease the property for the last 6-8 months. I'm assuming one would just hav...