I bought my first house in cash back in 2011. I moved out in 2014 and rented it up until last month, then sold it. The property sold for double what I paid for it, so i'm sitting on about 150K in cash. I'm wanting to ...
Hello All,A friend of mine is purchasing his first investment property. It is a 4 family property about to go under contract for 350k.I am wondering if it is wise to put down 20% or the minimum of 3.5%. He will be own...
Good Morning BP Community! What are your thoughts on FHA loan? Pros, Cons? What should I look for and what should I avoid?My wife and I are looking into buying a duplex to house hack. Since my wife gave up her lifesty...
Hey Community!
I am trying to learn more about this business model and would love to hear from someone that has actually done/is doing arbitrage right now. I am looking into this strategy specifically because it re...
Sooo... most HML will tell you (it’s in my interest that your deal works out) which sounds good and fairly legitimate given that if the flip doesn’t sell after rehab they probably don’t get paid timely and have to jum...
Hello,I own 2 rental properties with a partner and also have a W2 job. My wife doesn't work but doesn't have a real estate agent license. She work on the rental properties in many ways. But her name is not on the prop...
Hello Bigger Pocketers!I have accepted an offer to sell a rental, but...it means my tenants have to leave early. So, it's me breaking the lease agreement not them. They need to move out 1 month early.My lease requires...
Hi everyone, I'm new to BiggerPockets, never done a deal; and looking to get started. I would like to find a multi-family property to buy with either a FHA Loan or a NACA Loan. I've already started the NACA process, b...
Hi AllJust thought I would share one of my recent deals.Been playing in the Atlanta market since 2011, its been very kind, an amazing ride as the market has continued to soar. In fact very low inventory, surprise surp...
Hey BP!So I live in OKC and I am in a conundrum. I want to househack, but I am having three issues. 1) Very few fourplexes are on sale in OKC. I can generally find only 1 to 3 in a 50 mile radius.2) Of those 1 to 3 fo...