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Can you buy pre-foreclosure homes before the auction date? Wondering if it’s worth asking distressed owner to buy their property... located in California
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Hello everyone!In order to maximize our Fannie/Freddie loans, my wife and I take turns putting properties in our name. My question involves saving for down payments. Currently all of our accounts are joint, but we s...
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I am renting out an apartment in my backyard. My applicant's co-signer is questioning my need to keep a copy of their photo ID. Everything I read on Bigger Pockets says I should get a copy of the applicant's photo ID....
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We want to avoid going to a CPA, so thank you to any BP'ers in advance that can shed light on this topic. Maybe this is something you've gone through before?! We are new to this.So, my moms is gifting me a down paymen...
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Hi I am new to real estate investing. I had some old 401 k that I am planning to use by rolling over into a Solo 401 k with an LLC to invest. I have been educated that only non-recourse loan can be used. I came across...
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I will close on a property August 31st and need advice on how to handle inheriting tenants. The house is an 8 room group home with 5 current tenants and 3 vacancies. The current tenets seems to be okay but would like ...
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Hey everyone! I'm looking to get my first investment property - so far I sat down with a few credit unions and 1 corporate bank just to see what each one has to offer and just get pre-qualified; based on my 3 credit ...
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I’m closing on a four-unit, multi-family residential home next month. There were two vacant apartments in the home when we put in an offer and had it accepted by the seller. Fast forward to our walk through with our 2...
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Can anyone shed some light onto the topic of credits when financing a commercial deal? I’m guessing this is similar to a concession on the residential side but I can’t find any info on it. I met a guy who said he used...
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Hello everyone,Cheers to my first time posting on BP!I am looking at the small-cap asset market in the (Metro) Detroit area (because it's the only market that I know). I've put together a quick proforma and I wanted t...