My fiance and I are moving to Atlanta this fall and are going to use a 203k loan to rehab a multi-family (duplex, triplex, quadplex) and kickstart our real estate investing career. We have found a lender that we would...
My question is would you rather own the home or property outright with No mortgage or would you rather have a mortgage
Hey guys, hope I’m in the right place here or that this kind of stuff is allowed. New to the forums.So good morning. I’m new here and new to the real estate game, actually I haven't even scratched the surface yet. I’v...
Hi! I'm new to the Bigger Pockets Forums by way of the Bigger Pockets Money podcast by way of the FI/FIRE movement. I've owned my own business for 6 years and I work from home in my 859sf 2br/1ba San Francisco East Ba...
Evening BP!My fiance and I are looking to get into multifamily homes. we are going to house hack the first few since we are just starting in our careers. Our biggest discussion we have is before we buy our first deal ...
My business partner and I are interested in househacking a duplex together. As of now, it appears with all the uncertainty and chaos that corona has brought, banks are a bit hesitant about lending doing 5% down conven...
Forums,
I have the opportunity to buy a house with a owner occupied loan with about $12,000 out of pocket to get in. Here are the details. Purchase price $162,500. Comps in the area sold for about $170,000. M...
Scenario - Orange County Condo selling for $340k. Worth probably $380k-$400k
Short sale.
Motivated seller
VERY desirable neighborhood
How much in percentage do you normally offer?
Like 5% lower? 10%?
Does $315k soun...
When you start purchasing short term rentals is there a certain amount of bank accounts that you have for your monthly expenses associated with the property? And if so what type of bank accounts should you have for th...
I am renting. It would seem that Renting is a polarizing issue among Real Estate investors. Being new at this, and working towards selling mobile homes, preferably in a mobile home park, I do plan to move into the par...