Michael Crump
Advice for starting in Virginia
I'm looking for some advice on how to start my REI career in Northern Virginia and reading through all these options has my head spinning a little. Here's where I'm at and would appreciate any suggestions.
I'...
Sydni Chattman
Real Estate Investing for beginners! San Diego Market
Real estate flipping/wholesale is a market I would love to get started in as soon as possible! I am an infant in this industry and would like to learn more about it! I am in the Sacramento/San Diego area.I am currentl...
Gabriel Meerzo
What would you do? I have a seller who wants to get out of his 4 plex. Willing to do a lease option - I take over his mortgage payments for 2-5 years until I can refi in my name.
Property is worth 80,000 - 90,000Original loan was 100,000 with a property value of 120,000I would be taking over at 82,000 due on loan at 7.5% (just taking over payments on his mortgage as I can't get conventional or...
Evan Trang
New member from Duluth, MN
Hi Everyone,I'm Evan from Duluth, Minnesota. I moved from NYC a year ago. My partner and I made the move to save as much money as possible for the next couple of years to invest in real estate. We are currently ren...
Paul Weller
Conventional financing for duplexes
I am looking at a duplex listed in the eastside of the Seattle area. The mortgage broker that I have been talking to stated that I since it is a duplex I wouldn't be able to get financing unless I had 25% down and I ...
Evan D.
Total newbie with a dilemma
Hello everybody. My name is Evan and I am 21 years old from Saskatoon Canada. I have been subscribed to bigger pockets podcast for a few months and have read their excellent e book. Here is my dilemma.I am a third yea...
Kat Hussey
Flipping Math Confusion
If I buy a house for 50k, put 100k into rehab, then sell it for 200k with 6% agent commission, do I actually make a profit? Or do I just get back my original 30k?
Deal:
Money Out of Pocket: 30k (rest is financed)
B...
Trent Hicks
Deal Analysis Review
Hello Bigger Pockets, Im practicing running the numbers to find deals and would love it if you guys could review this particular analysis. The analysis is based off using a private investor to fund the deal, pay the i...
Jeff Piscioniere
Mortgage originators for lower cost properties
Happy Mother’s Day weekend BiggerPockets family! My partner and I are looking to get our plans underway on buy and hold rental properties and I think a concern is going to be on lenders who have a minimum loan amount...
Josiah Swartz
What do I offer on this?
The seller is open to financing my purchase, which is what I'd like to do if only to avoid a monthly PMI payment (~$140). There's always more to be made in seller financing from what I understand. The unit is in a ...