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I started investing in my late 20s during early 90s in up and coming inner city neighborhoods. I lived in and renovated or renovated and rented. Two things I remember that probably don't happen today: -First property ...
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Quick question on those who have done seller financing:
- Buying a 0.3 acre downtown fort lauderdale multi family, negotiated an around 1M price w lot of development rights, double lot. seller got it way back early 9...
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What are the typical financing requirements for a mid size commercial multifamily. 8-24 units? I have heard many people talk about 25% down ect. But are there any other requirements on personal income. I know for sing...
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Hello!I became an official Real Estate Investor in March 2023 when I decided to keep my primary (at the time) and turn it into a rental. Real Estate Investing was always where I saw myself ending up - it was always a ...
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Hi fellow BPers! After much learning and analyzing, we finally closed on our first home this week! Now we have a slice of paradise in Hawaii....but have some questions for those who are familiar with purchasing RE her...
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I'm almost out of debt. My credit score is hovering at around 610. I don't currently have anything saved but between tax returns and some insurance claims, I should have at least 1k in the bank soon. Once I eliminate ...
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My wife and I will be moving to a new town around the beginning of 2022, where we will both be starting new jobs. As part of this transition we plan to buy a multi family property to house hack, living in one unit. My...
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Hi, I just read a very similar discussion where the poster asked about a better method of collecting rents than direct bank deposit by tenants. Some of the comments were to use Cozy or ACH payments? I didn't quite un...
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Hello I am just starting out in investing. I have been saving money and improving my credit score. The only thing is I am a 1099 with my line of work and I write everything off to lower my tax payments, so my income ...
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I had an open house of my rental last weekend. I got an applicant saying Experian couldn't find his record. But he has SSN, files taxes, and just sold his mother's house after her death. He wants to pay for the whole ...