Morning!I am looking at buying a condo in Mexico as a U.S. Citizen. Most of the properties are cash whereas some offer terms. My (complete nubie) question is this: if I take out a mortgage, doesn’t the lender pay the ...
Hello BP,Does anyone have experience using a fixed rate home equity loan on a primary residence to purchase more property? If so does anyone have an opinion on the risk reward of this strategy? Would it be worth taki...
I am searching for my first investment property. Is it better to start with a $30k duplex or $100k and above. Can someone share why a person would want a more expensive over a lesser cost duplex. What are the pros and...
Hello BP! Fist I want to say thank you for everything everyone is doing on this sight. It is an inspiration to me and to all newbies.Well for starters let me tell you what I want. Right now I hope to make the money ba...
I am in the very beginning stages of trying to a wholesale a house that is conveniently located right next door to me. The house needs a good rehab as well as foundation work. The foundation has numerous cracks over a...
First, is this possible? I find a seller and have a buyer to make a quick flip. I buy the property in my name and quickly sell it to the buyer. Do I have to have the property in my name first?
Second, what's all t...
Hello. I am new to real estate investing planning to buy my first STR in 2023, I am saving for cash down payment but wondering if taking a loan from my 401k would be a way for me to make this purchase sooner if the ri...
Has anybody tried this? The cabinets are in great shape but they're so dated. I'm not so much looking for economic reasons to "just leave them the way they are" haha, I already know that's what I "should" do. They nee...
There have been some potential MLS modifications happening around the Denver area. Basically we have a situation where the north side of town has two overlapping MLS systems. The Denver one (reColorado) and the Northe...
Farmer Insurance agent assured me that the rental property is covered from tenant and/or vandalism damages. After the eviction process, we got back possession and discovered significant amount of damages from feces on...