Guys I need some advice. I am under contract for a 4plex. CoC (taking into account vacancy/cap ex and maintenance) is 16%. It is a class B or C. Schools are 9 and 10s.One out of the 4 units is being renovated and we w...

Need advice as to how and why to sell this property by owner financing. I own this property for over 14 yrs. Bought with my IRA money in custodian. It has been used for Group home and it has been rented to group home ...

Hello! Want some opinions on my first large deal that I am thinking of doing (I have a couple duplexes that have turned out great but this will be my first apartment complex and I want second opinions and thoughts). I...

Hey BP!I recently found myself in an interesting scenario where myself and a seller are battling over an earnest money deposit due to differing views on the definition of a mortgage financing contingency. In short, he...

Hello everyone,

I recently learned that, because my tenants all happen to be students, my insurance company won’t cover the property because they don’t deal in “student housing.”

Has anyone ever encountered this? W...

Hi Everyone, I am so excited to have found this great community!I have been interested in Real Estate for all of one week. What really captivates me is the concept of passive income, of course,  land ownership has alw...

Thinking about buying a 7 unit building in a class C area. I wanted some advice if I should or shouldn’t buy it? Let me break down the deals. Sale price $125,000 I am thinking of offering $60,000Rehab $110,000 it need...

Hello All,I feel like I'm at the point where I need some advice. I've read all of the Robert Kiosaki books, I've read lots of forums about rental properties. I've saved 20k. I'm really tired of working every day. I ma...

Good afternoon,   I have an issue were a seller decided to hold off on the listing and postpone all showing until the husband felt better. They never cancelled the agreement because they didn't want to pay a cancellat...

Hey BP!

I recently got an FHA loan quote from a lender and the total cost down was a lot higher than I anticipated.

Here's some of the numbers

$140k property
3.5% down
Mortgage $980~/mo
Total money down $9,800~...