Hey BP!I have approached a For Sale By Owner commercial zoned property with agreed upon purchase price of $200,000. I am doing a purchase + improvement loan. My lender is requesting 25% down on Finished Value. Finishe...
My first deal was to be owner occupied in a condo. This condo is downtown, one block from the main drag, with a peek-a-boo view of the harbor. I bought it off the MLS as a foreclosure and it was terribly ugly inside...
Hi BP,We have a tenant that MIGHT have vacated from the room rental without completing a final inspection walk-thru that was previously agreed upon. I have knocked on her door, though no sign of anyone inside room fo...
Hey Bigger Pockets,I wrote my introduction post a week or two ago and explained how my wife and I began in real estate investment. We took the $50k from our cash-out refinance, and immediately went to work.We did som...
Hello BPThe servicer I use said that if I needed to go through a foreclosure in Texas I would have to use one of their approved attorneys below. Was curious if anyone has had experience with one of these firms? Just w...
BP Nation, I need your help!I am working on my first deal in my own backyard. (literally!)I am in the process of building a garage apartment at my primary residence in the Houston Heights area. It is going to be a pr...
Hello BP,I am a novice investor with three duplexes in St. Louis, MO. I acquired my properties by house hacking FHA loans. Now that I am no longer single the option to house hack is no more and I would like to scale m...
What is the formula for percentage rate of ARV. I've heard the standard is 70%. But then I hear that rate may have to be adjusted. And please give example. Thanks
You may have seen my post from a couple weeks ago about my tenant wanting out of the lease. I'll put the link below if you are interested in reading it. If you didn't see it, here are quick details:Tenant called me to...
Hi BP community,I'm a pretty new investor (bought my first in 2013).I have a question about using home equity to purchase more investment homes. I've read the entire thread (https://www.biggerpockets.com/forums/48/top...