Recently purchased a student rental literally five houses off campus. Paid cash because we recently sold a lake house that we weren't using and had purchased it because I wanted to diversify our investments. Not com...
Hello - I have been spoken to a mortgage broker recently about purchasing a SFH or MFH. It will be owner occupied for at least a year, if not longer. However, he said that lending institutions require at least 20% dow...
Hello all, I've been on bigger pockets for a while now, mostly reading and picking apart conversations and ideas. I've always been intrigued by the creativity behind different types real estate deals and decided to st...
Hello Guys,First of all Im thinking of maybe doing a lease option on a property that I might want to buy because I don't really have that much money to put as a down payment with the bank.How would the lease option of...
Good afternoon bigger pocketsI’m looking to purchase an off market deal. It is “13” units, But 8 of those units are studio apartments.Does the studio apartment (0 bedroom 1 bath) affect the value of the building? I kn...
I have a tenant that just completed a one year lease and is now month to month effective June 1st, 2021.I know I can give a 30 Day Notice of Non-Renewal to end the lease. My question is, can I give the notice on June ...
I've spent a lot of time figuring out what is the best way for me to get started in real estate. I've decided since I don't have the money to invest in real estate myself that I want to find deals for others and essen...
Folks what are the standard terms for investing in a real estate project as a passive investor and do they differ by market. Currently I have little time to devote to start my own portfolio but do want to get better ...
Hey BP,
I just had a verbal offer accepted on an off market property. My next step is to email a purchase agreement to the sellers so they can pass it along to their attorney for review before signing. This i...
Hello,
I understand most lenders require 20-25% down for investment properties. I spoke to someone and he mentioned that he was able to secure a loan for one of his AirBnb properties with only 5% down, however, this ...