I found a house that I may put in an offer for. The owners are asking for what they owe, which is about $130k and the house is valued at $350k. They also want to close ASAP as they are in pre-foreclosure. What I wan...
Ok her is the situation. I purchased this single family home in North Miami Beach, FL five years ago for $120K (Cash no Mortgage) and immediately rented it to the previous owner for $1,500 per month (Aproximatley 10% ...
Hello BP,First and foremost, huge shout out to BP. I would not have gotten this far without it.Currently on the tail end of my first Re-Hab project which should be wrapped up within the next couple of months. Once the...
View report*This link comes directly from our calculators, based on information input by the member who posted.Hello B.P. community,I'm trying to land my first property, and I'm curious about your tho...
I'll start with the main question,
How hard is it to cash out refinance a SFH Vs duplex vs quadplex vs a condo?
Any of the above would be a long term rental, not a primary residence for me, the owner. What's the di...
I can't decide if I should refi this property. At this time, I think this is a buy and hold investment. The total interest savings is $40k which is attractive. The monthly savings is only $100 and I plan to put monthl...
I am new to wholesaling and chasing after my first deal. My biggest issue is finding a seller. It’s seems i can find a buyer with little effort. However, not one seller. I found a site to find properties and gather a ...
Currently in the process of underwriting and finding equity partners for a deal our team sourced in Chattanooga. It's 25 units, off-market (we are direct to seller on it) and is a value add opportunity. Class B-/C+ pr...
Anyone doing this loan? And how will your underwriter apply the income on the 3/2 rent that has been on tax returns for over 2 years? Will they count that rent and rent on any other properties I have straight off my ...
Hey Guys and Gals,
I'm new to the Biggerpockets community. just want to say that I live in Union City located close to San Francisco in the Bay Area. I recently just bought my first condo about 8 months ago for 368k....