Geronimo T.
Investor loan down payment
I'm calling different banks asking what downpayment for investor loan is. Lowest I got is 15% for single door. If I get duplex, triplex or fourplex, then it's 25%. I'm in Texas. Is this standard? Is 15% good? Has anyo...
Blake Reynolds
Exit strategy advice
Hey all, Just curious to see if anyone can validate this exit strategy for a wholesale deal. First off this is purely an example and all of the numbers I use are just for illustrative purposes. So if I were to get a h...
Scott L.
Newbie First Duplex, repair?
So I'm closing in on my first deal and have a few questions. By closing in, I mean I close in a month.It's a duplex that could use some TLC, one tenant has lived there for 10 yrs, not leaving and her side has not been...
Jose Alonso
Owner financing (HELP!)
Hey guys, so tomorrow I have a meeting with a young lady who's father owned a 4-plex and recently died. She apparently doesn't want to deal with the property and I was told she's is willing to sell, So I called her up...
Anna Ryder
Anna from Atlanta - Newbie to the Forum!
Hello there,I am new and wanted to introduce myself. I am located in the Atlanta area, a mecca for real estate investing...or so I am told. This is part of the reason I am taking the plunge into real estate investin...
Yohannes Kifle
New member from San Francisco
Hey everyone! I joined Bigger Pockets a few days ago and have been learning a ton from the forums and books and podcasts. One thing I kept hearing and reading was that people often get stuck trying to figure out how t...
Johannah Ridley
Newbie from New Jersey (Essex & Union Counties)
Hello fellow BPers,I'm Johannah. I grew up around real estate investing; I know how powerful and wonderful a tool it can be!My husband and I are working on our first deal - a duplex or triplex in a strong neighborhood...
Ryan Chorbagian
Where do we go from here?
Hi everyone.My wife and I closed on our first income property in April (Chicago 2-flat plus a 2-bedroom garden unit) Being that we've offset our housing costs almost entirely, we've grown hungry for our next deal! W...
Jeff T.
Beachfront condo renter wants to extend lease a few months (into winter!)
I am a partner in a beachfront rental condo that I rent to a full-time tenant. He's been great, very professional, but he plans to move out in the next few months, but that means I will have to rent the unit in the f...
Faith Ross
bidding on a fannie mae property
hello,A little advice, please. I'm very interested in a fannie mae homepath property and it's listed at 79,900. It has a beautiful floor plan but needs tons of repairs. I bet homes in that area sell for 130-140k. The...