I listed my unit for rent. I repeatedly mentioned a 600 credit score. The prospect emails me back to tell me about their hardships. They mention family, health, they can pay upfront but how can I let them down? The cr...

Hi all, 
I have a verbal accepted offer on a house for $48k, with a long term tenant since 2008 paying $625 in rent (subsidized by County). The cash flow is bad at $75 on a 30 yr. But, it's a big 3/2 in a decent area...

Hi All! 
What is the difference between a FHA 3.5% loan and a conventional loan putting 5% down? From my understanding the FHA has more fees?
Is a good strategy to buy a fourplex with an FHA loan and then after a ye...

Hello BP family,

My wife and I had the opportunity to look at a duplex last night. We love it and want to jump on it, but the numbers are not the typical ones I see.

Price: 250k (we live in rural Indiana)
Units...

WE are in the process of selling some land in Georgia we inherited back in 2014. We are Georgia residents. Without going into detail it was part of "gift" giving on a planned inheritance schedule below the max gift th...

Hey y’all! I need help analyzing a potential BRRRR deal.Purchase price $215kARV: I’m not exactly sure. I cannot find any comps that makes sense. I’m thinking (more so hoping) high $200s. The house itself doesn’t need...

New to the REO game but recently put in a strong offer and was told by the broker that the offer had been accepted. P&S and addendum have been signed and uploaded. I was then told that a competing offer had been...

Hello biggerpockets family! Im 24 and I work in Schaumburg Illinois, a northwest suburb about 30 miles out from Chicago. At the beginning of this past summer in 2013, I was promoted to a sales job from porter at th...

Just curious if anyone has any thoughts on pitting lenders against each other. I have a lender who keeps on asking me to give them the other lender's term sheet so they can "beat it". And I keep on telling him th...

Hi everyone!

I'm in my mid-20s and have no experience in real estate, but I'm really excited to buy my first piece of property this year!

I have enough saved to make a down payment and my relatives are ...