So I am trying to buy this deal. The verbal contract is at 45k and needs about 10k in repair. The house has a back apartment. I will end up getting 2k per month from the deal but I am having a hard time finding lender...
Hello all BP members,
I am about to close on a second rental SFH, financed with a conv. loan. The first loan was also conventional; both loans are within 4 months.
My loan officer told me that I have to...
Hi all,
We're going to make an offer on a Florida condo, and the seller is offering financing. Asking price on the unit is $279K. We've been pre-approved for bank financing but condos require a full questionn...
Hi BP!Just wanted to share a little success story from our first wholesale and about networking on Bigger Pockets. I connected with @Bill Kenny on BP back in the spring, we grabbed lunch and quickly realized we share...
There are so many examples of little investors being smashed by unfair government regulation. They force small businesses to close but keep Walmart and Amazon open. They stop evictions knowing small investors will be ...
I would like to buy my first rental property for both cash flow and appreciation (my area is appreciating quickly).
Type of property: multi-family - It's a duplex, with 2/1 in each unit. Seller mentioned one of the...
I'm looking for advice... I have a SFR in Fayetteville NC that I had priced slightly above market, but now it's been listed for rent for a month with no quality applicants. I dropped the rent by $30/month, to $795, bu...
My fiance and I just closed on our first rental property this week outside of Richmond, Virginia. There’s a bit of renovation to be done before we get a tenant. Our goal is to finish renovations in the next 4-6 weeks ...
I am a recent community college graduate with an Associate’s degree in Business Management and trying to figure out if I want to continue to get my bachelors degree in Business Administration. I find that many people ...
70% of the tenant applications I got are with little pets. Agent advised me to charge a $800 deposit per pet. I worry if the pet damages the floor and wall, $800 may not be enough to cover. Is there any rule I can int...