Hello- I am in California and am looking at buying a foreclosure at a trustee sale. The loan foreclosing is in second position and cost is $600k. The loan in first position is roughly $20k. The house is worth 875k....
I have a 2nd investment single family home (3 beds, 2 bath) that I built new approximately 5 year ago in Idaho. I currently owe 120k on the home and it's worth approximately 220k. I am coming up about 40k short on a...
I have a single family home that is an investment property. Our tenants are going to be moving out in a month and I am trying to figure out what my next step should be. 1. Continue to lease out the property and hold ...
Hi all,So... I guess I've given my mom the itch to invest in real estate. The thing is, she wants to invest locally and our market does not cash flow (unless you put in the work for a value-add property or put 50% dow...
Hi, first post ever here and I'm looking for some advice and feedback on a deal I'm trying to work out. I hope your collective experience helps.BackgroundMy wife and I house hacked back in 2010 (not realizing this sit...
Truth be told I stumbled upon this because i'm about to get an appraisal to drop the MI on a second home I purchased a few years ago that I have been Airbnb-ing since day one.
While it used to be unspoken, The Fanni...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $780,000
Cash invested: $195,000
My partner and I had been hunting for a multifamily in the greater Seattle ...
Hello BP community!
I'm in my first attempt to negotiate a seller-financing deal and trying to research if there is a benefit to the seller to receive a higher purchase price vs a higher interest payment? As an exam...
I recently bid (and won) a foreclosure auction in which the bank owns both the first and second positions on a property. For some reason, they decided to foreclose on the second position first - giving me the opportu...
Hi everybody, my name is Ivan just beginning my investment journey with a small single family home in Kimberly, Idaho. Financing using a conventional mortgage and looking to rehab the place and then either rent it out...