First off, hello all & thanks in advance for any advice that can be given. I'm interested in buy & hold on Single family homes in the Jackson MS area. My plan is to find homes in the Retail price range of $8...
Hi
I am negotiating a deal with a seller for seller financing on a 10 unit. what financial documents if any are you all giving to the seller( tax returns, personal financial statement etc).
Are you signing a mortga...
Hello all,
New to the BP site and I just want to say there is so much good information here. More details than any of the books I've read in the past. I have been interested in Real Estate Investing for a while. Bee...
Initially, the property was my initial residence. I moved out, work purposes, and turned the property to a vacation rental. I am currently in the process of refinancing the property. How would classify the property as...
Hello Fellow Investors,
After several years of studying REI, I've finally made the leap of faith by taking ACTION and placing an offer on my first rental property. The property is a single family home with an existin...
Hello everyone. I've read these forums for years, but first time posting. As I mentioned in the title, I'm working on a shift in investing strategy and curious what you would do.First, some background. I'm 32 years ol...
I’m looking at properties near my daughters school, (iowa state university in Ames, iowa) to alleviate the wasted cost of student housing. Planning a three bedroom, so two roommates. My question is how to structure. I...
My wife and I own a house and we just bought a beach property. We did the beach condo as a 2nd home (I did it truthfully with the bank, and they know i am doing it as a STR...incidentally, they required I self manage...
I am 52 years old and recently purchased my first 3 family rental in CT. Had a great interest rate of 3.375% with a 25% down from 401K proceeds (as a loan) All closing costs were payed with money from my savings. I am...
Hi BP, I've got a duplex (and a condo) currently, and am looking to make the jump into 5+ units, but it seems lenders want 100% net worth on these loans. Anyone know of a lender who doesn't have that req? I am looking...