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I’m in the process of buying a mobile home , $60,000 price getting loan for 25,000 -$30,000.I’ll be getting $7000 from mobile home park I’m putting home in. My question:Should I put $7000 toward principle or keep it ...
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I visited the property and found the hard wired Smoke Detectors in the living room and hallway were removed ( the ines in the bedrooms were still there ) . I asked the tenant why they did that and he said that the smo...
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I am purchasing a SFR with a self-directed IRA along side a non-recourse loan. Much question is this. This home has flipping potential but I will not have enough reserves in the IRA to do all the improvements. Is ther...
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Hello, I am a new real estate investor recently out of college. I have been searching for a while now for a good fix and flip property that has a high enough margin where I am comfortable committing my limited capital...
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I am in the middle of a 1031 exchange. The blog by Jeff Brown in today's newsletter (http://www.biggerpockets.com/renewsblog/2015/07/25/real-estate-investors-myths-eternal-truths/) was the latest place where I heard ...
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Hello Everyone!I was wondering if anyone knows if its possible to get a mortgage loan like an FHA and getting preapproved for it with low income lets say 15k-25k a year or even less as an example, but having an excell...
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Hello everyone! I've been a landlord for 11 years but I've been really wanting to speed up my acquisition of properties. (Only have 3. Basically bought off the MLS when I had some money saved up for a down payment.) I...
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Hi BP members, I am reaching out because I have a property for rent and am not getting qualified prospective tenants. I am looking at the option of using it as an Airbnb. I have heard mix results about airbnb and was ...
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Good evening BP,I have been going through Zillow and Trulia and found 3 duplexs on 1 MLS (x2) and a 7 plex. Hard spot is three different sellers. Three different sellers under the same real estate company. Is it possi...