Account Closed
Networking with Realtors
Hello,
I am a real estate investor just getting started. I recently read a book that focused on working with Realtors in the area of lease-purchase deals. The idea is that I as the investor would contact Realtors, an...
Kyle B.
Odd home layout for flip
I'm in talks to purchase a bi-level home where the kitchen is located on the lower level of the home - so partially below grade. I realize there is a large geographic component to my situation, but has anyone had s...
James McGovern
Insurance to cover rising HOA assessments?
I am interested in purchasing a few condos in Florida and want to understand if there are any insurance products that cover the rising cost of HOA assessments?
Lorraine Pennington
Leverage Primary Home & Loan Against Personal Business?
Hi All, I am close friends with a couple and I would love to see them create an asset by holding on to their primary home. I've brainstormed ideas with her about various financing options ... but I'm afraid I simply d...
Sean B.
What to do with a serious underwater property...
Trying to find a creative solution for my rental investment. I bought the property at the height of the market to fix& flip and wound up becoming a landlord. The property is now about $120k underwater on a $260k...
Samuel S.
FHA Loan: House Hacking Question
Hey BP Folks,So I am planning to use an FHA loan to purchase a duplex. Say for instance I get approved for 100K, and the bank decides that I can afford $800 per month max (PITI). Since I would be living on one side ...
Hudson Walker
BRRRR - 70% rule ????
Newbie here. So I am wanting to do the BRRRR strategy and have a question regarding the Buy portion the the strategy. Should I use the flippers strategy of the 70% rule? Thanks,
Munish Suri
Buying Apt Building and making one unit primary residence
Could anyone please speak to the financing considerations of purchasing a multi-unit which one unit would be taken as a primary residence of the buyer. We are considering taking this approach to properties in the Sea...
Kenji Tominaga
County Mortgage Tax paid by the Buyer?
Hi Tax masters,I have a question about the county mortgage tax when purchasing a property.I'm quoting a mortgage from 3 lenders for a small multi-family in Bushwick/Ridgewood area (Brooklyn NY), and one of them estima...
Daniel Llauger
Sell property owner to owner (owner finance)
Has anybody sold a property owner to owner (owner financing)? If so, any tips for doing this for tems, contract, etc? Do I need to own the property in full in order to do this? I just want to know everything about th...