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Hello all. I’m looking for someone to talk me out of cashing out of a beneficiary account if I’m making a big mistake. What say you? Here’s the deal: I currently have a beneficiary account left to me by my father. He ...
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Hello,My wife and I are relocating to another state, and we are considering a few scenarios that come with it. We are looking at a few options.1. Sell House2A. Rent 2B. Rent + Convert our detached building into a stu...
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Sorry if I’m posting to the wrong section, but this was the closest topic regarding mobile/manufactured homes! I am about to buy a pre-1976 manufactured home (700 sq ft) on permanent foundation. Cost is $61k which inc...
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Hi All! I have a property that is currently worth $530k and is paid off. It's reached it's peak in value and rental value so I want to take advantage of the market and sell it for top dollar and buy something else. Wh...
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I am currently under contract on a primary residence that is in disrepair. Due to the closing deadline/home condition, I am looking to use a private lender for the purchase instead of conventional from the start. The ...
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Hello BP, I am a 20 year old student based out of the Seattle area. I am very interested in getting my foot in the door with real estate investing. I am working full time and saving frugally. I have several thousand d...
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The reason for this post is because I often read other investors post about looking for a property in an area where they have good schools. We did that. We bought a home in Burbank, California, a very expensive suburb...
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What sort of qualifications does a local bank typically look for when generating a portfolio loan?
Here is a hypothetical scenario for the borrower:
Assuming the loan is against a 2-3 family rental bought with cash.
...
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I am trying to sell a house contract for deed. I purchased the property originally to rehab and sell back in 2007 but could not sell it so I turned it into a rental. Now my tenants are moving out and I would like to...
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I keep going back and forth with this. What's your advice on getting some rental properties for retirement income needed 30 years from now?
1. Buy the first $100K cash with no payments and start collecting $1,200 in...