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I'm working with my mortgage broker on financing for my first rental property. I'm looking to get a 2-4 unit, and I will be an owner occupant in one of the units.We got into the discussion about what I'd be able to af...
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Hi Everyone! So I have an interesting situation here. I am looking to get into my first real estate investment! However, the seller is not wanting to close on an FHA, he would prefer a cash offer. This I don't underst...
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I was wondering please, Can you have the PMI removed from your FHA loan , SO LONG AS you have " Less Than " 80% LTV on your Primary Residence ( so a LTV of 79%, 78%, 77% , etc. ) ?And do you have to have owned you...
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First off, I admit that I know very little about Memphis and the purpose of the post isn't to trash Memphis. I read on many posts and hear on the podcasts that Memphis is the greatest place for cash flow. However, I...
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I have a 4 unit building that has been a huge headache. I purchased it from a couple that were burnt out on landlording and sold at a loss to get out of it. I now see why.! I have more trouble with this building than ...
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Hello BP,I know I'm putting this in the new member introductions but I'm not really new to BP. The last few years I have been stuck in the paralysis analysis stage with real estate, I honestly feel like real estate i...
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Do you change locks or have them rekeyed every time a tenant moves out?
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I'm currently a college student looking to start my real estate career at an early age. How exactly would I go about securing money from the bank if I have about 10% of the down payment on a property, let's say a cond...
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My wife and I have signed a contract for a new construction home in Florida. The land was bought by the construction company and we chose our lot and house model. (There are 18 homes going up in the enclave) The pi...
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Even though I have experience with rentals, trying to do a flip for the 1st time. Got a property under contract in Beverly Chicago. I am just trying to find a good contractor and money lenders..Purchase at 245k, wher...