I got one condo under contract (buy & hold). After receiving the condo questionnaire I found this condo is a non-warrantable. I was able to find a local bank by searching for properties that closed in the same com...
Hi there BP community, looking for your advice on the following please: i inherited a section 8 tenant who pays way below market, acts shady, had an issue with the leaky toilet for years, which damaged the floor and c...
I'm in Canada. Cheapest places in the city I live in go for about 170k, and you couldn't get them for much lower than that (no distressed housing of any sort). Now, what you get for that 170k isn't much (an old tow...
Hello, and thank everyone in advance.So I live at home, but recently bought a duplex in a great location that works well in all aspects. I plan on buying the property in my name as a primary residence as I get to put...
When qualifying a property, why does it matter how much it is under water if the bank will still only be able to get the highest bid at auction? Isn't the bank just as likely to accept a short sale vs going through a ...
Hi there, fellow Bigger Pocketeers!I'm Jeff J, an Army nurse in my mid-20s. My pursuit of financial independence exposed me to dozens of FI sites and real estate kept coming up there and from my brother, who's also in...
Hey guys, I was curious about investing in a mobile home park in NC/SC area. I am new to real-estate investing and I'm looking at MHP's to start investing in. I work full time so I'm looking for something that I can j...
Hey all,
So I was looking at a 10-unit multi-family property the other day online and it was advertising an 8 CAP. But when I ran the numbers, the CAP rate I got was closer to 6. When I asked the broker where the 8 CA...
Hey guys I've been doing some research on house hacking for the past 3 months and I think I'm ready to get my feet wet.
A little about me. I just turned 21 two months ago, I have a FICO credit score of 759 and I ma...
Economic Update(Monday, February 1, 2021)
I’m starting to really like these Executive Orders. Consider this; in less than eleven days, President Biden issued over 50 Executive Orders, including; rejoining the Worl...