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Needing some guidance as I am a first time home buyer, single mom, and I work as a registered nurse. I have the flexibility to travel around and was looking into taking a minimum of a 2 year contract either in Hawaii ...
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Offer your tenants a 15% reduction on their rent for paying cash up front for the year. They don't have the cash so you have a lender lined up to loan them the money. Even if their credit isn't good and the interest r...
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I have a normal average job, and currently have 2 rentals that cash flow well. I would like to accumulate 10 rentals in the Indiana area. Doing this the conventional way could take a long time to achieve my goals....
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I shared some details on Twitter of a home I recently renovated in Kearny, NJ, and was asked to share more info here. I am a listener of the Podcast, but don't typically participate in the forums, but here goes:How I ...
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Hi,I am a landlord and a tenant and I've had a situation where my son, I think, who's two, locked an internal door, after which I found that we were never issued a key for. We were given keys and told they were for a...
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I am going to shop our local banks next week for lending on 20 properties at once. I have a relationship with these banks but the deal is pretty skinny for the first year. My proforma numbers put the debt coverage at ...
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Hey Biggerpockets! We bought a house too high before the housing market cooled off and we're wanting to simply do a quick flip with a thinner margin than usual. We usually do more involved flips so this isn't normal f...
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We are thinking about buying an REO property through Hubzu which has been vacant since 8 years. It is a townhouse which was built in 1993. The bank told us that no inspections are allowed and we cannot go inside the p...
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I have a one bedroom apartment, part of a quad plex, that has a month to month lease. When the lease was signed, it was 2 occupants. Within the last year, they’ve had 2 babies (one year old and newborn). In addition t...
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I am 28 years old and I teach English in China. I plan to move back to the US in either summer or fall and I would prefer to buy a property rather than pay rent to someone else.
I have:
- a good amount for a down p...