Michael Ansley
Condo I Want And Can Afford Or FHA MultiF That Needs Renters?
Hello BiggerPockets Community, I am looking to buy my first property and wanted some help addressing some issues I am having or I am not seeing. First I can get an FHA loan but, I hate LIVING in houses and would prefe...
Dan K.
Selling flips to FHA buyers - I learned a big lesson today!
I just finished my first flip and learned an important lesson - there are some restrictions for FHA buyers purchasing flips where the investor purchased the property <90 days ago. Sharing this with the BP community...
Ilan Z.
A new member from Israel!
Hello biggerpockets community.I am from Israel, 18 years old and I'll be joining the army in under a month (we are obligated to 32 months of service, by law). Although I won't be able to actually start investing befor...
D C
Cash positive rental properties or leveraged debt ?
So I have $200K liquid in the bank (I have my own company) and I earn about $260K a year (before taxes).
By my calculations, if I buy a $250K condo in a well sought after part of the city, and pay it off COMPLETELY i...
Jason Green
SHORT SALE HELP!
Ok here is the rundown. I am a builder and I have one unsold property from the market tanking. I have a construction loan from 2007 that every 6 months the bank willingly renews at 6% interest. I have not been late or...
Richard Warren
Does Your Word Mean Anything?
I was raised to believe that the most valuable asset in business, and in life, is integrity. Your word is supposed to mean something and personal ethics are paramount.
This week my article on the BiggerPockets Blog w...
Bienes Raices
Applicant wants a "foreclosure clause" in lease
They're concerned (understandly) about renting from someone who could go into foreclosure in the future, leaving them high and dry.
I tried to reasurre them that I just bought the property this ye...
John Schnyderite
Large Downpayment make sense
This is going to be a long one, so prepare yourself =)
My fiancee and I have been house hunting for a personal residence for a few months now. I own a home since '09 that is underwater (stand to lose 18K or...
Josh Norris
Fix and hold vs fix and flip
I am getting ready to close on a property I put under contract about a month ago, the owner was very accommodating in letting me do my due diligence based on the condition of the house. I have so e questions about...
Samantha M.
Federal Pacific Panels
I was taking a look at a house today with a federal pacific panel in it. These things are notorious for having their breakers fail. Has anyone here ever dealt with these? What do you typically do, put in a new panel?
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