I settle on my first HUD foreclosure next Thursday which, other than 2-week settlement delay, has gone pretty smoothly I think. That is until I learned today that HUD isn't giving me the keys for the property at clos...
Hello BP Community,As I’m sure you are all aware one of the biggest challenges with real estate investing is financing. Whether it’s financing the purchase of a property or refinancing an existing investment property ...
Hey all,Looking at a 4 plex for $165,000. Needs minimal rehab, is in a C neighborhood and is fully occupied. Rents are at $500 each. Came out to $350/mo cash flow total (just under $100/door) with a 11.40% COC retu...
Should I listen to Dave Ramsey's rule and not build my credit up. I want to start investing into Real Estate at a young age, Im only 20 right now and don't know if I should start to build my credit up. Dave Ramsey say...
Hi all,As a new investor, Is there ever a situation where you might overpay for your first property just to get started? $375K for a 3-flat currently getting $2800/month in rent. My lender has already told me I can pu...
Hello BP! I am currently living in Pensacola FL and looking to get into STRs and possibly multi-family properties. I inherited 2 properties in Denver and I would love to hear what an experienced investor would do in m...
Like the title says, my wife and I are first time investors and have never purchased a home let alone invested in multi-family. I've watched dozens of the Bigger Pockets Podcasts and I have gained a ton of knowledge b...
Hello, so I am writing today because I was asked for a loan since they are short $1000 of deposit money for an apartment they are moving into. I’ve searched topics on here and online as well but most of the things I’v...
Hey everyone, I have found PropertyRadar to be an amazing website and REI tool. That being said, if you sign up for their free trial please be aware that they make you contact customer support in order to cancel. ...
I have a loan question from a past client...(I am an agent).
They tell me today that someone approached them (a company from LA), that if they purposely not paying their mortgage for 3 months, the company can negotia...