BP Nation,I received a call from a seller today with the following scenario.* 4 bed/2.5 bath SFH built in 1980* has a 15 yr mortgage of $135K - owes approx $125 on it. note is about $1300 a month* has put in $120K in...
Hello BP Members,Does anyone know any national lenders that will loan on a 40K property? I am new to investing in the Kansas City Area, and I am looking at a property in the 40K range. I can purchase the whole thing c...
Bought the house in 2012. Remaining balance is 250k on a 3.25% FHA loan, eligible for pmi cancellation in 2 years . Mortgage is $1670/mo including pmi. In two years, mortgage may lower to around $1300 after pmi cancel...
I'm Randy Sears and I'm new to the BiggerPockets online community. I'm 30 years old with 9+ years of management experience in the grocery/customer service industry. My soon to be 9 year old daughter is my biggest WHY ...
I've got an opportunity to buy eight 4-plex buildings (all in the same development, but not right next to each-other) for ~$2.1M. I've talked to commercial lenders and they wont do it. Its time consuming and messy to ...
Hey BP'ers,I'm still working on securing my first deal, and definitely taking my time trying to make sure my first buy is actually a deal. I found a 2 family that has the potential to have a good amount of cashflow. ...
Hello BP!Here's my situation, any advice or assistance would help tremendously. Thank you! So I've been investing in tenant occupied SFH for just short of 10 years; I took a 2 year hiatus due to a job change and lack ...
First off great site iv learned a lot just browsing the last few days.
Im a 19 year old kid who dropped out of college and opened a business. Its been okay but not as profitable as I thought it would be. Im gonna shu...
I'm looking for sources of information that cover real estate rents and property value trends. Ideally, I'd like a source that covers the different states by city, but if that's asking too much I can live with informa...
Hey BP,
Ok, so I have been working on this wholesale deal since February. The seller is motivated and I was able to put the house under contract. I originally offered $220K, but he was countered with $300K. We event...