1.) you find a house that needs some work
2.) you contact the owner, find out he is motivated, throw him a lowball which leaves plenty of room for you to make your assignment fee and make an investor a good bit of ca...
Hi everyone! I am just beginning my real estate investing journey and wanted to know more about the Conventional 97 Loan. I read about the advantages of a Conventional 97 Loan vs an FHA, but I was wondering if I could...
Hello my fellow biggerpocket members,I live in a rather expensive area, Portland, OR in particular, where 1% rule or even a positive cash flow are not possible. I wonder what strategies people in these areas use? Espe...
My girlfriend and I are going to use an FHA first-time home buyer loan to purchase a duplex. My question is that if you need to live in an FHA loaned property, but it's already tented with leases through the next year...
I have owned a 9 unit all studio apartment complex in Mt. Vernon, WA for about 2 1/2 years. I have done rent increases the last two years of 5%, haven't lost anyone and cash flow has been great, but with the demand g...
Hi,
I am new investor and just got my first cash offer accepted for an investment property which I am planning to use for a long term rental. Initially I was planning to use a mix of cash and stocks to fund this pur...
I'm currently negotiating a deal that involves several 4 unit buildings in Chicago. We are going through different exit strategies and it may make sense to sell a building or two post-rehab as they'd make a great hou...
We are a married couple looking to buy a house on VA loan at my spouse's next duty station. We are approved for up to 400K on one income and up to 750K on dual income. Normal single family houses are going over 30K o...
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. ...
I currently own 3 units and looking to add to my portfolio in late spring/early summer of 2025. I'll be in the market for a duplex/triplex in the $400k range that I will owner occupy and use a 5% down loan. I have som...