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I am currently under contract for tow studio houses and a two car garage for 42k. both rent out for 600 a month with the garage at an extra 100. Each house has its own septic tank and one has an aerator. I have no clu...
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Hello, I don't post on here very often, but I'm not sure where else to turn. We just got denied by a Bank in Saint Cloud. The property we are looking take a Heloc out on is in Sauk Rapids, its worth about $170,000 We ...
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I made a cash offer on a duplex in another state ( Grand Rapids, MI), it's an off market deal and I had to act fast. I misjudged how long it would take to get through my re-finance on my house, and my loan officer sai...
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Hello Guys,
I'm a newbie, in my first week learning wholesaling . I know it's going to be a journey learning the ends and outs of REI and running a business. I'm willing to put in the work! In my past I held a real e...
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Good Afternoon!I have been a member of BP since 10/2018 but have not invested much time posting, mostly lurking/reading. That is going to change today and I look forward to looking back on this post in 5-10 years!Abou...
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I am negotiating a deal right now where the seller is willing to carry 90% of the loan for me for 10 years. Is my only option at the end of the 10 years is to sell? My goal is to hold onto these properties to build my...
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Hello everyone, my name is Eric and I've recently relocated from New York to Dallas, GA. Since this is my first post you obviously know that I'm new to BiggerPockets as well as the real estate industry. Like most I'm ...
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Hello everyone....A little background before i get to my main question. I am a new member to BP and am excited to be closing on my first deal in the next few weeks. The house I chose is a 50's era, pre-fab manufactu...
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Hi folks -
I'm new to BP and real estate (but very familiar with finance and comfortable with early-stage risk in general - I come from the tech venture world).
I'm considering making a small hybrid equity investmen...
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Hello,Traditionally I have always done 20% down for a rental property and tried to see if I can find anything on obtaining a loan that requires less than 20% down on a investment property. I have great credit, own my ...