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I have a free and clear, rented property I intend to keep for now, but want to get a loan to pay off another property's loan to 1031 it with no mortgage balance. Is the DSCR loan possible in this situation assuming t...
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For a newb who is looking to:Partner with 1-2 other people with whom we can assemble the 4 necessary elements for a successful RE investment (1 - money; 2 - knowledge/skills; 3 - opportunity; 4 - time)Offer 3 of the 4...
My name is Jay. I own a property in Pasadena, CA. I have a stable job as an engineer. I have no real estate experience outside of buying one property. I am excited to be a new member on BP. I hope to establish friends...
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I was hoping some of you experts could tell me how you go about finding your deals? I'm looking to invest in single family homes, or possibly duplex to quadplex properties for the purpose of generating rental income....
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So, I'm pretty new at this wholesaling thing....actually, I've only done research and learning and never quite made an offer.... Well, I decided today that I needed to. I new that the seller wouldn't accept my offer, ...
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Hi all,I'm a newbie and have been lurking on the boards for a several years but now have a real opportunity that I'm in need of some advice.Here is the situation:My mother recently passed and has willed her 2 bd/2 ba ...
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Currently in the military and have received orders recently to move to a state that is far away. Looking for advice on whether to sell my single family home (SFH) or rent it out for diversification purposes. (Don't ne...
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I understand the high level idea of seller financing, and i am now faced with two properties that I feel could be perfect for this. I have never used seller financing, as i am currently house hacking with an FHA loan...
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I ran some pretty solid numbers on a 5 unit that I am preapproved for.My question is should I be focused more on the cap rate for a 5 unit since it is technically commercial, or stay focused on the cash flow per door ...
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Greetings all!
Question: Is it better to buy an older MH park or build a new one?
Situation: I have some 60 acres of land in upstate SC that I want to be able to use to create income. Problem is, it's wooded with n...