Juan Escarcega
HELP! New investor bought a lemon in SoCal - seeking guidance
Hey BP!I am currently FHA house hacking a property that I purchased about a year ago just south of USC which, unbeknownst to me, had illegal construction, which caused a host of problems, in addition to other issues. ...
Shrikant Kakani
Not sure where to start my investing journey
Hi All,I have been reading a lot of books and listening to a bunch of podcasts about real estate investing and I feel like I'm ready to take the next steps. The huddle I'm facing right now is I stay in HCOL (San Franc...
Brian Stone
Sellers keep asking for what their houses are comped at
Two calls so far from owners that want what their house is worth. I keep hearing that I should wholesale lease option with them. I don't know any buyers that would do a lease option.
If a seller asks for 95...
Kyle A.
Cash purchase - then Finance
Quick question that I can't seem to find a lot of information on: What are the best options for financing a house that you paid cash for?It's a hot market right now and to make my offer more attractive I'm considering...
Ethan S.
How do VA loans work with investment properties?
How exactly do VA loans work? I'm a little familiar with how VA loan work. VA Guarantees loans for veterans.Provides guarantee to the lenders for the loan.PMI insurance is not required.The max entitlement is $104,250...
N/A N/A
Anyone had any success with Lease/Purchase in military city?
I live in Jacksonville, NC which is home to Camp Lejeune. The economy of the city relies heavily upon the military and their dependents. A great deal of military families here rent because they are going to be stati...
Richard Appleby
Mixed Use 1st Investment Property - Glencoe, MN - seller finance
Hello BP Community!
I have looked at this property (https://www.realtor.com/reales...) and I have asked the sellers if they would consider seller financing and they have asked me for my terms. Any thoughts on options...
Caleb Lee
Los Angeles Post ADU Build BRRRR Strategy: How to Get Cash Out
Hello BRRRR aficionados! After purchasing an SFR in Los Angeles in 2020 and renting out the main home to tenants, I'm close to finishing up building a new detached ADU in the rear as well, complete with a private entr...
Alexander Zabiuk
Refinancing to make a condo rental profitable
Hey all, forgive me if this is a newb question or has been answered before.I bought a 2 bedroom condo in 2018 for $182500 with 5% down and biweekly mortgage paymebts of $421.50 on a 25 year mortgage at 3.4% interest l...
John Hartnett
Cash offers - how MUCH more attractive are they?
I've placed a bunch of offers this year, seeking to pursue a buy and hold strategy to build a rental portfolio. The county records show that a recent house settled for $125k cash, while my offer was $135k with 20%...