2 months ago the bank accepted an offer for a short sale. Repairs were made and new appraisal was ordered. It came back higher. Now the bank wants more money because they said since the previous owner had a VA loan VA...
Let me know what you think as my potential first investment! 4-Plex Purchase Price: 200kCurrently tax appraised at 218k3% downpaymentTotal Loan Amount: 194,000Texas Teacher Heros Grant: 4% or 7,760PITI: 1729/month (10...
This is my first time being a landlord and it's safe to say I'm not very good at it (yet). I came across Bigger Pockets a few months ago and am now seriously considering pursuing REI, but realize I need to change how ...
Greetings all,
We’ve all read methods on how to analyze a real estate deal, running numbers, estimating rehab costs, incorporating taxes, capital expenses, etc. How much time and effort do we put into analyzing the l...
Would love some advice from the experts here...
Someone approached me with an offer to sell me a property -- he doesn't actually own the property yet -- he purchased the tax lien and has the intention of fore...
I've recently started looking into buying properties wholesale, since the numbers don't make sense for most of the MLS properties in my area. However, the realtor I've been working with had me sign a "Residential Buy...
I have some money to finance some deals. I'm wanting suggestions on the best way to make money with my money.
Brand new investor here. I have 220k saved in my bank in liquid capital, 700 credit, and about 60k in salary. I am looking to buy and hold a multi-family to live in and rent as my first deal. I know there are many oth...
Robert Campbell, who’s a well-regarded real estate trend-spotter based out of Southern California, has finally spoken on the bubble that’s formed in San Francisco. In his semi-monthly newsletter, he’s identified a few...
Learning: NEVER sign a contract if you are not comfortable with the contents, no matter how bad you want the property.I was a typical BP newbie. Searching for financial freedom, I stumbled upon rental properties as in...