I am a first time investor and I recently have had a offer accepted on a Triplex and am going through the closing process. We have requested the lease agreements of the 3 occupied units. The seller stated that all 3 u...
Hello Community - I have a single family home under contract. Currently securing traditional 30yr long term financing. Loan and title will be in my own name. I haven't had trouble getting a rental insurance policy, bu...
Hello and thank you for taking time to read this!We are just getting into fixer-upper rentals and are wondering what is the smartest way to go about buying materials? I listened to a BP podcast last week with a guy wh...
Hi BP,I've been saving, saving and saving (did I mention saving?) all of my money since I first joined here in order to purchase my first home. I'm looking to FHA my first 3-family and from then on continuously buying...
Hi! I'm an out of state investor looking to connect with a real estate agent familiar with multifamily investment properties in the Indianapolis area. Thanks in advance!
Hi Everyone, My dad is buying a multi family property in South Carolina and our plan is to transfer it to my name after it is bought because he doesn't want more equity under his name. Anyone know what would be the ea...
Hello All:Background: I'm currently working towards my Relator License for the State of Michigan. In one such class, the instructor highlighted the importance of analyzing Real Estate deals with Depreciation for Buil...
I have an opportunity to buy a lot in Texas for $100 from 4 heirs.The original owner died and her husband took possession of the property. The husband recently passed away and in his will, his 4 children took possessi...
The IRS owns the house via a Tax Lien ,& is owed $55,000 on this house. What are the Options ??My main question is ....... Will they likely except an amount LESS THAN the $55,000 ?Will they take say , 75% of the...
Greetings, BPers;
I understand we can use conventional bank loans (for single fam, and <4 unit MF) before they begin to dry up after your fourth or fifth loan.
My questions are these:
How long should one wait betwe...