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Hey guys I'm not sure how to handle this situation. Monday I'm closing on my first rental property. I'll be profiting $1000 each month after expenses. I'm super excited. The problem comes with the rental property my s...
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Background: I am still looking for my first investment property. I have found a 3 bedroom, 1 bath for approximately $30,000 and I think it can sell for around $80,000 to 100k with ~20k in renovations. It is a 1.5 st...
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....the lender is telling me I can't make more than 20% in the deal. They know there is a waiver for that but they don't have investors who will buy their loan if they do that. Sooooo, should I:
A) Forget about the...
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From my understanding when using the BRRRR strategy you first buy the home (private lender, HML, Cash) then after the "seasoning period" you can do a cash out refinance with a conventional mortgage. Can you just get a...
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Hi there, I'm just starting to get into small multi family. Should I do section 8? Sure, the state does autopay $1200 per month. My concern is what if the tenant trashes the property, I have no recourse. I wouldn't ...
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A lot a newbie investors spend so much time trying to learning "the right amount" of information before jumping into investing (as if there's such a thing). But every experienced investor says it's more important to j...
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Hello pros. Im a new pro member and I need some advice in order to start to be a real estate investor. I bought a 2 bed 2.5 bath townhouse in 2018 when I was still single and now that I have a growing family with my...
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Hi, I am really new here to Bigger Pockets. I have been a member for a few years, but just recently starting gaining Huge interest in the podcasts. I am changing day jobs this week and that will give me the opportuni...
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Good Morning BP Community! I'm happy to finally take the plunge and become a member. I have been listening to some of the pod casts and reading many forum discussions before finally deciding to join. I am a regi...
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Divorced situation.
Husband and wife are owners on record.
House on short sale subject to bank approval.
LA is asking contract to say it is contingent on husband signing quit claim feed.
But...