I am trying to buy a SFH investment property, but have hit a major snag. I have $35,000 for a down payment but it was a gift from my parents. Lenders are telling me gift money cannot be used as a down payment for inve...
I am interested in purchasing senior living communities/assisted living/ retirement facilities, but I do not know where to begin. Does anyone have any suggestions on where to start, or anyone to talk to or what are g...
After doing some search and research I'm investing in my first trust deed note. 50% LTV and it pays 9% monthly for 60 months. Approx. investment 50k. The bad thing is that the home owner can pay me off before th...
Hello BP nation, I am analyzing multifamily properties for my upcoming move back to Florida. I have found a solid property in a peculiar situation that I would like to get some feedback on. There are 4 town homes up f...
Hi, my wife and I are looking to buy a house in Sandbridge, to be used occasionally by our own families (2 or 3 weeks a year) and rented out as vacation rental when we don't use it. We don't live locally in Virginia ...
Yesterday I went through my first ever closing process on a duplex that I will be owner-occupying! I had to go through some crazy things to get to closing, both my buyers agent and mortgage banker said this was one of...
Besides the point of not doing business with family...I'm purchasing a house for my mom who will pay me rent. To get a better interest rate and rate on property taxes she has offered to be on the mortgage and deed. Ag...
[b]I have a lead on a home for $22K owner will finance with $2500 down. I offered $500 per month for three years with a baloon. HUD tenants in place paying $700 per month.
The home does need work roof, windows, and I...
Bigger Pockets Family! We we have a dear friend who is in a financial pickle and has offered to sell us his out of state 3 bed, 2 bath home for $290K (currently listed for $300K). Loan is assumable ($182K balance at 3...
I just submitted an offer for a home for 310k with 10k concession to cover closing cost. It is a two family apartment. 1 bedroom first floor and 3 bedroom on the second. Going off of Vouchers for Section 8, 1 bedroom ...