Hi BPers! Could someone help explain to me the pros and cons of owner finance and subject 2? I hear the podcasts say it's a great way to buy a house. So for example, if I find a for sale by owner house, should I reque...
Hi BP community! I'm looking for advice on whether I should purchase my father-in-law's 6 unit apartment in Burien, WA (10 minutes south of Seattle) as my first deal, or perhaps help find him a seller that would pay ...
Currently I have a home in Alabama on a streamline va loan that I recently refinanced. It is a 15yr loan at 3.25% and the balance is 119k. The nearby comps indicate that I'm about even. I collect $765 a month after pm...
What are some of the pros and cons of paying off the mortgages of a few of your rental properties? Thanks!
My current situation:1 primary, 5 rentals, no additional debt, heloc out (invested in one of the rentals), and cash to buy more, but at 43% debt to income. I am looking for a solution where I can buy more rentals. I...
Hello everyone, I was hoping some experienced investors could step up to the plate and answer my question as I know very little about real estate in general.
My question/background:
I have $1,000,000 to spend on rea...
I have a deal that I need help analyzing. It's a commercial property on main st. in a town of 50k people. It is a mechanic shop with lifts, ect...Great locationpurchase price- 229k with 20% down paid by the person wh...
Ok so I have a coworker who's looking to buy a home in the same area I've decided to invest in he's getting a mortgage in his name and asked if I would be willing to put up half the down payment and split the cash flo...
I currently live in the DFW area and rent a 1 bedroom apartment for around $876 a month, maybe $1000 with water, electricity, internet, etc included; my lease ends at the end of May. I qualify for the VA home loan, wh...
Hello all. I just have a quick question. I currently have a property worth $124k and the current principal owed is about $58k. The current mortgage is about $600/mo @ 6.8% and the rent is $725/mo. Would it be a be...