Hello,First time posting for some feedback but I figured I needed to get active. I'm looking at purchasing and renting a property to a not-for-profit agency that works with chronically homeless and mentally disabled ...
Hey Everyone, I have been working with an investor trying to find a good rental property to go in on and I think I might have found a diamond in the rough.Here it is: Asking $582,00012 unit 3/2 apartment buildingAll u...
Hello BP community, I currently live in Los Angeles, but I would love to purchase my first rental property. I have heard about out of state REI, and I wanted to know how does one get started. As well as if there are a...
1. Can agents submit bids for themselves to purchase REO homes such as HomePath and HUD? I believe that I heard that if you are registered to place bids on these sites you can't buy them yourself.2. I was listening...
Hello Everyone,
I bought a home back in January 2024 using my FHA loan and I received a call from Atlantic Capital Funding saying that I could FHA streamline (interest reduction) from my 6.625% to 5.7% and could even...
Hello all, I'm just getting started out with Real Estate Investing. I have a question about how transactions work for wholesaling. I understand the process up until putting the house under contract and assigning contr...
Many investors think that if they don’t qualify for REPS status, they won’t be able to benefit from a cost segregation study. However, there are multiple ways that you can still benefit!
A cost segregation study is a...
I have 2 nightly rentals that I just bought and put into use this year. They are sort of a gray area since they are not being used as residential dwellings, but could be. My accountant seemed to think that I could c...
Duplex for 110k w/ both units rented for a total of $1500/mo. or 2 SFH's for 55k each rented at $750/mo. ?Pro's / Con's ?
Fannie Mae makes an announcement today to raise the number of financed investment properties back to ten. Since October of 2008, Fannie Mae had lowered the number of financed investment properties a borrower could hav...