Hello Everyone.
My father has a rental home which neither he nor the tenant are maintaining. I have already tried to purchase the property from him at an agreed $60K (Appraisal is $100K+) to repair and hold a...
So I am in the middle of reading David Greene's BRRRR book, and I have a question about buying property with Cash vs buying with an FHA or conventional loan and then refinancing after rehabing and renting the property...
I don't fully understand how or why a person would just hand over the title to their property. Also, after you get title of the Subject To property, what do you do? How does the strategy work? Can somebody provide a c...
Good morning BP community!
I have been studying REI for about a year now and am ready to move from analysis paralysis to making my first deal happen in 2013. I attended my second local REIA meeting last night and was...
Hi,I own three properties and am looking to purchase my fourth. This new one, though, is the first one in which I am going in with an investor approach. We purchased our first home with a conventional mortgage and t...
I recently graduated college and landed a great job. I make a base salary of 60k and then I can make up to an additional 20-30k a year in bonuses. I have student loan debt of a little over 29k at about a 4.25% fixed i...
Hello all,
I'm in my mid-20s, and have saved up enough to purchase up to around 300k property with FHA loan, and have a few months emergency fund left over.
For a while I've had the idea of purchasing a duplex o...
We (wife + 3 small boys) are going to invest into a duplex property as a first investment property by the end of year and would like to get a little advice. We just purchased our new primary home (VA Loan) at $435k 28...
Hi everyone, my first post on this forum. I'm hoping that someone here can offer some advice on a rather uncommon situation.I'm an Aussie passport holder with a non-immigrant b1/b2 US visa, so in simple terms I'm a fo...
I'm looking to purchase a 2-4 unit multifamily. My understanding is that for a SFR, 20% down payment and for MFR its 25% down payment. I was having an informal conversation with a lender yesterday and he mentioned t...