Hello everyone, Quick story. My girlfriend and I have been dating for about a year. We are both real estate minded people. We are looking to purchase our first property, by buying duplex and do house hacking. We are l...
So, I find a property out in Jacksonville, Florida that I would like to buy and flip. This property is in very bad shape and would need a contractor or a very skilled rehabber to get this thing repaired and resold. Th...
Hi Biggerpockets! I need a little help or guidance. I feel like many of the properties in my area are overpriced. I'm looking to purchase SFR properties in Charlotte, NC and the surrounding area (concord/kannapolis)...
I feel like I have an image in my head of what a rental is and I feel that is affecting my search for an investment property. I toured a foreclosed property in my area that is a 3 bed 2 bath, large, open concept house...
I found a quadplex for $300,000. Rent is $3080, so it meets the 1% rule. I would put 20% down for 30 years, so it would cash flow about $288/mo by the 50% rule (less than the ideal $100/door). But it was built in 1998...
I know a lot of you veteran investors have been doing it for a while but just want your 2cents on making an offer without actually walking though the property first. The background to my question come from the fact th...
I’ve read countless times that residential lenders will only loan on properties in good conditions. How do investors get loans on value add deals? Are commercial loans more lenient?
I have been addicted to this site for quite some time now. I've always been a reader my entire life but never much of a writer. As part of my New Years plan, I wanted to get more involved and actually give back to Big...
Hello BP,I have been looking into flipping homes and want to take that step. We feel our best option is the Homestyle Loan. But we have a few questions. 1. About possibilities of approval. 2. Receiving adequate fundin...
Hi all, question: I have a seller that just wants out from under his 10 year old loan, he wants no money in his pocket, he just wants the darn thing gone. How would I structure a contract that results in a zero net su...