So I understand I can't get a primary loan then rent the property, without living there for 1yr, but what about the other way around? If I purchased as an investment property, but wanted to make it a primary within 3...
Hi everyone!I am at a crossroad! I have my real estate license and plan on being a full time realtor. However, I also want to get back into investing and switching to a career that is 100% commission might delay me be...
Many first-time hotel investors can recall the same advice being handed down to them time and again: Acquire something with low risk and a good reputation, like a franchise. If one has the financial means and right bu...
Hello BP community,I have a duplex located in upstate New York and I have a tenant who’s lease expired on 8/31/20. The lease states that if the lease was not renewed it becomes month to month. The tenant is back 2 mon...
The federal government shutdown began October 1, 2013. The shutdown has already affected borrowers, the housing market and the national economy. According to Mark Zandi, Moody’s Analytics chief economist, the sh...
Hi everyone I'm beginning the process of building a rental portfolio. Most of the conventional lenders that I am talking with require at least 20 percent down and I can only have 10 mortgages against my social securit...
BP nation,
We have all heard that finding a mentor is a very helpful, even crucial, step in RE investing. We also have heard that taking action is also crucial. I may have found an opportunity for both but ...
Here's the situation:
I have come across quite a few vacant for a long time, in dire need of repairs, or otherwise problematic properties. I know the addresses and the owners details. What would the best way to conta...
I have a property I bough in 2008. i was told that it came with 4 spaces on the neighbors land. also one spot on our land adjacent to this other lot.
This wasn't a problem (minor tenant parking issues) until rece...
Hey everyone - newbie out of Southern California. I want to start wholesaling, and I have picked my area where I want to begin marketing. What do you guys suggest I start with first?
-Should I just start marketin...