This would be my first investment property. I was able to locate a 3 bedroom 2.5 bath townhome for sale via owner finance. Price 155kDown payment 10k plus 2k closingRate 8% Balance due in 5 years as a balloonPayment i...
So recently a lot of the ads on biggerpockets.com are videos that run automatically. There's no way that I have found to adjust the audio on these, other than just muting my computer. I know BP needs ad revenue to...
Before I start, I do have an attorney and will absolutely follow his advise, but in the meantime, I would like to hear all the opinions I can on this issue fro the vast experience on this forum.I have a property that ...
Hello folks,I am closing on a Fanny Mae property this week and I understand that they normally come with a deed restriction to prevent selling it for more than 120% of the purchase price in less than 90 days.I just re...
We're going to have a look at a few different cities in TX and wanted to ask for people's opinions on what is best. We plan to look at 4plexes and 6plexes in the areas. We would be out of state investors. We're con...
Specifically curious from wholesalers @jerry Puckett, @sharon vornholt, @sam craven, @aaron mazzrillo, and @lamar cannon....but any other BP member, please respond if you have experience with this...
It seems...
This is my first post, please bear with me. I’ll try not to make a total idiot out of myself.
A little about myself. I retired from a career with a transportation company after 38 years of service in June of 2011....
I am working with on a lead to purchase a for a 950 sq. ft - 2/1 Condo with seller financing. The current Owner, is a friend, who holds the property free and clear. They no longer live in the property and does not wa...
Hi,
I'm really new to RE investing/buying in the US although I'm an investor by profession in other parts of the world/other asset classes. One fundamental question bugs me: it seems that loan providers usu...
Background: Purchasing my parents home to convert to a rental property, so I know the property well and it's been "in the family" since the late 70's.1600 sqft1 story ranch with full basement and attic access which wi...