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I have a commercial deal under contract. It's a 6,300' office in the downtown of Summerville, SC (growing suburb of Charleston). For some reason, the owners let it fall into disrepair over the last decade. It's a fixe...
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Hello BP members!I am a newbie and have looked into RE investing for a long time.Last week, I have purchased a home through a HOA foreclosure in FL. Based on my research on the property can the forum please provide so...
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Hi,Im looking at a 5 unit. Asked agent for financials. to SEE if what they say they are getting for rents are REALLy what they are getting.Agents answer: no but its a no brainer, its a money maker. Really?I did this t...
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BP,I'm as green as green can be but incredibly passionate about learning as much and as fast as I can. While going over potential properties my wife and I came across an 8-plex. Building is 100 years old. Stats to fol...
Hello All,My name is Skyler. We recently sold our house in Montana and are preparing to move to Parker, CO. I work out of state as an engineer and am looking to get involved with real estate investing. My experience i...
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Hi. I recently put an offer accepted on a duplex. It's a HUD home from Fannie Mae and I offered well over asking price. I am funding the deal through a 203k loan. But that was for minor repairs, new floors, upgrading ...
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Hi, a friend of mine recently told me that to get an FHA loan on a property, the property needs to be FHA approved. It is the first time I have heard of it, but I had been under the impression that as long I was qual...
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Dear Bigger Pockets community,I am working on acquiring my first rental property. The property is a student rental located in the Midwest. I am from the Chicago suburbs and the property is 3 hours from my residence. I...
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Investment Info:
Large multi-family (5+ units) commercial investment investment in Harrisburg.
Purchase price: $220,000
Cash invested: $55,000
This is my first ever true real estate investment. I lea...
I was waiting to make my second post based on whether or not my offer was accepted on a complete gut job. I either needed to find some hard money lenders OR learn how best to handle a foreclosure where almost everythi...