Is it true you can use taxes, depreciation, insurance, and mortgage interest for qualifying income when applying for an FHA loan on a primary residence? Backstory - we have an apartment complex that had a $339k loss o...
Hey everyone, I will try keep this short and to the point. I'm looking to buy one of the properties I manage. This is a 4 unit building. Rough numbers (still negotiating) 500k sale price. 100k down. 3 year balloon. We...
Not looking to wholesale, but posting in this thread because I'm guessing wholesalers probably have the most experience with this.
My Fiancée and I are driving for dollars looking to buy a primary residence in a neig...
How does one go about determining the highest and best use of a particular piece of real estate? I purchased a 10 acre tract in non-restricted, non-zoned area on a rather popular road connecting two rural cities jus...
I received a call from a motivated seller and went to see the property today. It is a multi-family built between the 1920s-1940s. It has remained as a generations passed down property so little to no public informa...
Hi BP - needing advice. I'm trying to lock up my first wholesale contract and competiing with another buyer who is offering a Cash Advance of $10k to the seller. Reason is the seller is wanting to buy a vehicle before...
There is a brick triplex around the corner from my primary residence, great location and curb appeal. Out of curiosity, I looked up the public records and discovered the owner has had it since at least 1992, so he lik...
Hello,
My name is Andy and I’m here because I found BiggerPockets to be an invaluable resource to learn about real estate investing. Though I am starting out, I am hungry and I am interested in learning as much as I ...
I have seen a lot of BP discussion on MHCs - as a real estate investment banker, I get to analyze many different property types and thought I would share some of the key investment metrics that have led some of the wo...
Hello Everyone,I’m hoping someone can help answer a question for me. I own a single family residence in NY that is being used as a rental property. The second level of the house was previously occupied by a family m...