My first post on BP!I have been a 1-property landlord in Madison, Wisconsin for the past five years, and am now checking out a HUD owned property to owner-occupy for a year before selling or renting out. It is in a d...
Need an explanation on how Short Sales, Foreclosures and REO's are used by banks. What is the best way to buy properties in these situations?
I was the Broker representing the buyers side. Happy to walk my Biggerpockets friends through the before and after! 3 units + 3 story coach house (was 2 units we are converting into 1 luxury 4br 2ba). Bought for $730,...
Hey everyone! I'm looking to get my first investment property - so far I sat down with a few credit unions and 1 corporate bank just to see what each one has to offer and just get pre-qualified; based on my 3 credit ...
We recently found our first property perfect for a rehab and resale in a close by neighborhood. Fannie Mae owned REO. Palm Beach County, FL.We saw the property the weekend it hit the market and by Monday placed an o...
Hi everyone,
I'm finishing my last quarter of school and will be graduating with a Public Relations major and minor in Business from Central Washington University.
Thanks to Mr.Brown's advice, I am actively searchin...
In May of this year I had a failed attempt at securing financing for a mortgage on a rental property. I ended up paying cash and then refinancing two months later. The question is about the cost of the failed mortgage...
I have a somewhat unique situation in which I'm stuck. I own a building and operate a business out of it. It shares a common wall with another building that it has been vacant for over 5 years. I'd like to purchase th...
Hey pocketeers,We are at historic low cap rates, do they go up as interest rates rise?
I just closed on a SFH purchase last month in TX and I received an email from the seller's agent requesting a refund from me because the seller over estimated the property tax and has over paid during closing.Has anyo...