Found a badass property that has a lot of potential. It needs about 30k of work, can probably make at least 50k on the back end (not including interest from loan) so lets say 25-35k with minimal work. Has to be cash d...

I just got back from talking with the bank about my situation.  I was told in my situation that I should be looking at properties with 5 or more units.  My goal is to simplify everything and to have one person I can g...

Hi,I am getting ready to make my first investment, and scouring through a few markets in the area for a 2-4 unit house. I plan to occupy one unit with my family. I have been mainly coming up with homes that will reduc...

Hey Everyone,I received a text from my tenant on the 4th of the month stated he would be late on rent and would pay on the 10th. He is aware of the 10% late fee. My question is if I dont receive full payment by the 10...

Hello everyone. I want to get pre approved for my first FHA loan to acquire my first property, preferably a multi family home. I was planning on going through my bank but a real estate agent told me it was easier and ...

So here’s my situation: I live in Oregon but I invest in the Midwest because of prices in my area. I currently have 2 SFH rentals on conventional loans and would like to invest in another soon. I have nearly $300k in ...

I'm looking to purchase a 3-unit multifamily next year that I would occupy 1 unit of and rent the other 2. I will finance using an FHA loan and I know the minimum downpayment is 3.5%, but putting so little in minimize...

Hi all.....Have any of you ever found a foreclosure listing on day 1 and jumped on it without physically going to see it?  Good pictures, great price, medium rehab??   It would be my first and I live an hour from ther...

Hello! I am a new investor and was approached by 2 family members letting me know that they were interested in selling their properties. One of the sellers has a tenant in the property already, making it the first pri...

Hello BPers! I am a first time home buyer and looking to invest in a house-hack property. I am a young college grad in the DMV (northern Virginia) area and I am willing to purchase a place and rent out the additional ...