I'm a realtor and investor looking into a new idea..
Here it is.. Find a homeowner in foreclosure negotiate with the bank to sell the note.. Find a note buyer to buy it and resell it to the existing homeowner for 3-5...
Hey BP Friends, I’m looking to purchase a multifamily (56 unit) from sellers who acquired it with 1031 exchange proceeds. They want to seller finance it and aren’t sure if they would have to pay out all the deferred t...
I'm looking to purchase my first investment property now that I have saved a sufficient amount of cash, however I've hit a roadblock when it comes to financing. I cannot prove income for previous years because up unti...
Good morning, shopping for insurance for a rental property (in this case, long term buy and hold strategy on 3 bed 2 bath), what sort of things I should be expecting from a good insurance company?What are some pitfall...
hi there guys, first time rental property investor here! i have been browsing the forums for quite some time and i have been saving enough along with my cousin to finally purchase our first rental property. We have be...
I am a newbie investor looking to invest in the Folsom area. Plan to rent it to out for a few years and might eventually move there. Any pointers on which parts of Folsom are good ? How does Rocklin compare relative t...
Hello BP,What are your experiences/opinions about using a FHA loan over conventional financing? Which scenario is better, in your opinion: (1) waiting a couple years to come up with 10-20% for a down payment or (2) ge...
Hi there - my landlord has notified he wants to sell - I don't want to move. I am about a year away from being able to buy on my own, and was looking at contract for deed as an option. While learning about this, to ho...
Hi All,
I have my first tenant ask to buy my SFR house from me. What is recommended way to structure an offer to sell owner financed? Or should I just sell outright and transfer profits with a 1031 exchange and buy ...
My wife's dad has a duplex with a mortgage of $90k and it's probably worth about that. Total rents are $1200 / month including utilities.
What do you think?