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So my friend is having an issue, and I am trying to seek your guys help in the forums. My friend writes.."So i am purchasing a home on land contract. VERBAL TERMS of said contract where in lou of a large down payment...
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Hey everyone, I recently found a hard money lender by the name of Do Hard Money. They offer 100% financing in my Michigan market as well as a hand full of other states. Just wondering if anyone out there has done bus...
I'm buying a single family home with an existing tenant. She pays on time, keeps it clean, and has been in this house for several years. I need to increase the rent at least $300 to get close to market value rent pric...
Hey everybody had a quick question regarding taxes on a flip. I realize that it’s best to talk to a cpa, but I figured I’d still ask on here anyway! If I spend 70k to remodel a flip (materials, labor, etc.), and the p...
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Good Morning from Texas. I am Jake Bryant. I have some issues with what I calculated the ARV/MAO. The seller wants to sell it out immediately so they can move to a different state for a new chapter. They purchased a 2...
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Hello everyone!
I'm currently in the Armed Forces in the UK and would love to invest in the US property market.
It would be best if I told you my interests:
I am looking for cheap homes to fix up and rent out for a...
Hello Experts,I'm exploring to invest in my 1st rental property and wondering what would be the ideal location to invest? I'm thinking about Lake view or Naperville or Schaumburg areas. I'm looking houses/condos aroun...
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Hey Team,I'm just returning from a golf vacation in Hilton Head, SC. Watched the RBC Heritage Tournament, and spent some time enjoying the island.Question for you--If you were to purchase a vacation rental in the SE (...
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Hello BP community,I am relatively new to REI investing and getting ready to buy my third rental property. The seller, who is my contractor is very motivated and wants to sell his house. He owes 43K to the bank at a ...
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Hi Everyone,If I want to purchase a multi-family property using a FHA loan, how do I make sure I get a good deal on the property? Would I not be a good candidate as a buyer for wholesalers? If they have the property u...