Hi guys - What happens if the foreclosed owner tried to redeem the property that I have bought from the lender?The property is no longer with the lender - so does he take it back from me?Does the owner pay the lender,...
Last year in September I purchased my first solo investment property. It is single lot with a SFH and a separate duplex on it. I purchased it for $96,000 and it generates $1700 a month in rent, with a 15 year mortgage...
Hi, I currently live in Denver and I am interested in buying a multi family somewhere in Ohio. Housing in Colorado is through the roof, hence why I am looking out of state. I chose Ohio, because I noticed housing is c...
Hey everyone, just wanted to get some advice about a situation we find ourselves in. Here's the story. My wife and I just bought a house last December in a small HOA community (around 50 homes, $60/mo dues) The hou...
Long story short, I am a newbie Realtor with a desire and strong interest in being an investor. My husband's father passed away a couple years ago, leaving behind a house with a 450K mortgage still unpaid on it. My hu...
Long story short, I am a newbie Realtor with a desire and strong interest in being an investor. My husband's father passed away a couple years ago, leaving behind a house with a 450K mortgage still unpaid on it. My hu...
Hello everyone. This is my first post on BP. I'm just starting out my REI journey. My goal is to generate enough passive income one day to retire. I just got the pro account and also enrolled for MF bootcamp here star...
I'm new to all of this so bear with me if my assumptions, math, or understanding is incorrect. However, I don't see how the math works beyond the 2nd BRRRR house.
Using my assumptions in the spreadsheet, here is the...
Hello all,
My problem is I am having trouble finding financing because my debt to income ratio is right at 55%. The lenders I have talked to say it needs to be around 45%. How can I get financing? I have the ...
I currently owner occupy a 2 unit. With winter being here, I plan to insulate the water lines. The question is do I go ahead and insulate the tenants lines on "my" dime, or ask would they want their lines done and pa...