I relative of mine has been having financial difficulties since the fall of the Lehmen Brothers and AIG and has a property that hasn't been paid off. The bank foreclosed and auctioned the property away for $130,000.00...
I read that it will effect section 8 but could not find anything on how it will effect.
Anyone know anything about this?
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Hi BP,So I've got a family friend who is looking to get rid of a disaster of a property. He owns it outright and I would like to approach him with an offer to buy it off him with seller financing from him. I've never ...
My wife and I are just starting out in REI -- we are coming into some money from my stocks from my job and we want to invest some of it to work toward a goal of early retirement / financial freedom. We've been conside...
Hello All,I am new to BiggerPockets and this is my first post. My question to those experienced investors our there is: If someone happened to give you 100K, what would you do with it? Thanks!-Chris
Hey everyone,A few weeks ago I hit an exciting personal milestone and wanted to share it with all you great folks here on BP. In the beginning of September, I closed on another three unit property in Manchester, NH. T...
Hello folks,can you explain rent to own with an example?
I am planning to get my first investment house; I don't want to use my savings, so I have an equity line of credit for 50K and got pre-approved for a loan up to 300 k? it has been very difficult to find a house that ...
Hi all,
I recently graduated college and wanted to purchase my own investment property. However I do not have enough to cover the 15% downpayment. I decided to purchase a single-family home and owner occupy it for 12...
I am new to real estate investing and have read that it is best to present a business plan to obtain financing. Can anyone recommend a good source to find a real estate business plan template? If anyone has created on...