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What happens to homes that are taken by nursing homes to cover medical expenses ? Is it sold by the nursing home? Sold to a wholesaler? Auctioned off? It seems rather hard to find information on these properties. Anyo...
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I was wondering if anyone has any experience with rehabbing historic homes using tax credits and understood the process. I'm considering properties in the Norfolk and Portsmouth areas of Virginia where there are a lo...
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Hello BiggerPockets Community!My name is Grant and I am a recent college graduate. I work full time as an analyst, but am looking to move into the real estate space. Im extremely passionate about residential real esta...
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Hello all BP members, I was looking to get some opinions/ ideas on what a few industry standards are in the note space. I am currently looking at working with a particular company in the NPL 2nd space. They offer a me...
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So I have been using local FCU in Norfolk, VA to do my deals (buy and hold). 10% down and rates were 3.25%. Well...unfortunately, NCUA has now ended that program for me and FCU I was using discontinued their program...
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Hello All, as I get closer and closer to my first deal (that is to say once one of my many, many offers is accepted) I am in need of some advice of good bookkeeping strategies, tools, programs, etc that you have used ...
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https://www.zillow.com/homes/176-Georgetown-Sq,-Ma...Purchase price of $89k and can very likely rent for $950/mo.1.06% ruleCash flow after all expenses accounted for is roughly $250/monthWith a 20% down loan ($17,800)...
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I'm doing some research and learning about my options for my first true investment property (I currently rent the spare bedrooms out of my primary residence, but I do not have a separate investment property yet). A go...
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Hi, we are closing soon on our first home.. yay! We have been working with a lender that is a family friend but they are encouraging us to shop around for lenders and search for better rates.- Any recommendations on l...
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Hello. I'm looking to purchase an investment home under contract. I have low DTI, high credit score (790+ FICO), and high amount of liquid assets. I'd rather go with a conventional loan to get a lower rate and fee. Ho...