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I'm looking to finance a mobile home, but I'm under the impression that in order to get financing, I must have the home on a permanent fixture. My parent's have around 7 acres of land in the country and just bought so...
Hi,I was thinking of selling one of my single family rentals to buy a multi family rental using a 1031 exchange. The multi family property would be between 2-4 units. I have roughly 50% equity in a $300k single family...
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I'm looking to buy my first multifamily property. I'm curious if any lenders or experienced investors could speak to how the rental income from the target property affects the mortgage I could receive. For example, if...
Hi, I would like some zoning and investment deal advice.I am considering a property in a small town with decent historical appreciation, because I see the possibility of living there with an improved lifestyle as well...
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Bloomberg is currently working on a piece regarding investors/investor groups buying rental properties to rent out through Airbnb. Do any of you have experience buying vacation rental properties in urban markets for t...
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Tax Question (two scenarios) - Question builds so please read all three bullet points and provide feedback:
1) Capital Gain – seller purchases a property for 40K. 20 years later property is fully depreciated and se...
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Hi,I'm 26 years old and my credit is very bad, about a 400 Fico score. I ruined my credit during some rough times about 2 years ago, but have rebounded to put myself in a pretty good position. I'd like to start invest...
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I live, and now I invest, in Illinois. My partner lives in Georgia. By partner, I mean money partner. We have a verbal agreement that he provides the funds while I provide pretty much everything else (finding properti...
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Hello BP,I am trying find out what's more effective for pre-foreclosure list criteria: Date of foreclosure filing or date of pending auction?I would think the auction date has a sense of urgency whereas the the date o...
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I recently read an article on how Real Estate is a great tool to invest in against inflation. The used example was a 20% downpayment. After inflation caused the house to double in price, the downpayment was apparen...