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Deal InfoI'm closing on my first deal as an out-of-state investor based in California. They provided me the closing statement yesterday (Friday, March 8th) and we are planning to close on Monday, March 11th.The proper...
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Just trying to get a feel for what price brackets most started out in? And how did you finance your first deal? Also, is it possible to fund a deal with an IRA and not be penalized for taking money out? Between credit...
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Hi all,I posted something similar in the general financing section but some fellow members suggested I posted in the Canadian section for more specific answers as I am Canadian.I am very new to real estate but am very...
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Upon researching more, it sounds like a risky business to try and coordinate in such a small area/town and so close to home. With marketing and bandit signs and etc, I might run into homeowners who may know me person...
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Currently in the process of getting financing. Going to be a owner occupancy conventional, so only need 5%, I’m on board!Lender tells me they can’t use rental income because I don’t have 2 years rental history...Now m...
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Hey there! Sorry for the long post. The urgency will be clear by the end, I promise. I'm ready to buy (or so I thought) my first investment property. I've got great personal credit, about $70k in liquid assets that I'...
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I have a few general questions about real estate investing and possibly finance in general while I'll be in the Air Force. I am aware that I'll have to at first live in the dorms for the first two years and then I'll ...
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Hi BP Fam!So the rule of thumb I hear is to have the tenants gross income equal or greater than three times the rent rate. Just to clarify, If I have a boyfriend and girlfriend, sisters, friends, whomever renting my u...
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I'm trying to buy a duplex. Part of the agreement was to move the tenant on one side out so I could move in. The seller is having trouble finding him a place- he's a disabled veteran. They were on a month to month lea...
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Hello everyone, I have been a buy and hold investor for more than 20 years now and started getting involved in joint venture flips last year. After doing 3 flips in Ontario and a 4th one one the way I am now also invo...