We have been preparing our first rental home to be listed for several weeks now and listed it last night. We received 4 applicants in less than 12 hours! But here is the catch, 2 of them are victims of the recent...
I'd like to hear from anyone who has successfully worked a short sale with a HUD insured reverse mortgage. Not all reverse mortgages are HUD insured, but in my farms easily 90% of RMs made during the Bubble were HUD ...
I am looking to buy an old commercial building in a very small town (750 people) and convert into 7 units here are the numbers:
$55,000 purchase
$100,000 renovation
$15,000 hard money interest
Property managemen...
https://www.biggerpockets.com/...-How does the closing costs factor into the cash on cash return? This deal has a cash on cash return of 18% and a cash flow of greater than $200 per door, but is basically breaking eve...
Hello All, happy new year! I hope 2017 is off to a good start for you! We visited with a seller today who called in response to a letter we sent. To make a long story short the seller is elderly, has been in the home ...
Good Evening everyone! At last I am finally getting started on my first new home build/investment, and am very excited! I have been waiting/ working towards this moment for a couple years now! First things first yes I...
Hi BP community,I am looking at investing in two triplexes which were single family homes that were converted into triplexes. The only utility split three ways is the electric. The water and gas are still on one and t...
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Hello,Can you get a seller agent to provide the landlord expenses and operation income of a duplex without signing purchase agreement yet or you want get that information until you do a purchase agreement. Also, what...
Hello Bigger Pockets!!
I recently bought a house that was a 5bedroom 2bath and converted to a 2 unit multi-family home. This was done prior to me owning the property. Home Is now a 2bedroom 1 bath full basemsnt wIth ...