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I'm looking at a few properties for my first investment..which I will be using bank financing for the mortgage when i decide on the right one... I've ran the analysis and they all look good with CAP rate a Cash on Cas...
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I'm saving up for a down payment and looking forward to buying a rental. How was your experience and when did you start? Errors and solutions? And lastly worries?
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I'm currently stationed in WA state and was thinking of using the VA loan to purchase a MFH. I was also curious if I would be able to use it again when I'm relocated in a different state? Is there a cap on what we are...
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If I use an FHA 203k loan to purchase a home, I’m aware that I would have to occupy the home for a year prior to renting it out (generally speaking). However, I’ve read that a 203k loan can be refinanced after 6 month...
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This is a post that details my experience with accepting an EIDL disaster loan amount above 25k where my properties are held in my personal name, no LLC. A lot of people hold properties in their personal name, includ...
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Good evening my BP friends ! This may be a rookie question but I just want to clarify it with ya’ll, how would a rental property partnership work ? Split everything down the middle ? Cash flow, appreciation, holding c...
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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...
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Hi All,
I have a question that I hope you can help me with. After two weeks of back and forth negotiation with an absentee owner of an abandoned property, we came to terms that we both agree on. I signed the purcha...
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Well lets say I'm learning by the fire here on renting. Long story short I rented to what seemed like the perfect couple 6 months ago after going through lots of scary people. The guy checked out, girl had no job so...
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Hi, BP community!
I'm a definite NEWBIE! I've been a member for about a week now, and absolutely love what I've seen thusfar. I've listened to about a dozen of the podcasts, and read numerous posts in the f...