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As first time investors, my wife and I have found a deal we want to flip. We have been pre approved for a conventional investment loan of 140k with 25% down and 4%. The property is listed at $112k and an arv around 2...
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DW and I inherited a house in New York City a few years ago under a Trust to which we are both the executors on. Since the house has no loans/lines we are considering using it as a stepping stone to start investing i...
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I am looking for strategies to evaluate the financial stability of a duplex I am currently looking at. Owner is interested in owner financing which we are going to talk about exact terms of in a week. They want at lea...
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Hello again folks of BP!
I'm a brand new investor, trying to do all the research I possibly can before buying my first investment property.
I'd like some feedback as to how my plan is looking, and if I'm o...
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My wholesale Mortgage Broker just informed me about more lenders are bringing back "Covid Letters" which pertain to having the employer essentially Gurantee that the Cornavirus will not have an affect on the persons e...
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Hey Bigger Pockets Team,I am going into a partnership with 2 other colleagues and buying a property. We are creating an LLC, and for now the mortgage will have to be under only 1 of the partners, because he is the onl...
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About one year ago I moved to Las Vegas to play professional soccer. Last March our season began and ended due to COVID 19. At first, sitting at home and staying safe was great. Then I realized I was at the mercy of s...
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Hello, Everyone,
My name is Gerard Magee. I’m an active duty military member of the Air Force that recently caught the real estate bug after reading several Rich Dad, Poor Dad books as well as Brandon Turner’s Rental...
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We are a mid size Canadian investment company with a small holding in FL and negligible leverage. Two of our FL retail plazas (Ft Lauderdale and Tampa, mortgage free) are fully leased and strong performing. We are loo...
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Hello, we are buying a house from a wholesaler double close. This is the first time for us to do this from a wholesaler. They want a fast close 16 days. We're cash buyers and I have evaluated the house. Everything loo...