Hey Everyone,I wanted to see if anyone is consistently attending live auctions and has extensive knowledge regarding them? My partner and I have been attending some over the last few months, but I still have specific ...
I was pre-approved for $130K with Freddie Mac, 1% down with a requirement to save reserves and have the seller pay closing costs. I'm a first-time home buyer and I work full-time. The apartment I live in now, I'm payi...
Hey everyone,
If you had hypothetically around 85,000 cash would you use hard money for your flips or just use cash to avoid the inspection costs with appraisal,points,and loan carrying costs??
I like the idea of ha...
Folks,I own a duplex in the US and I just moved out of it to Toronto for a 10 month work assignment. I'd like to keep my duplex as an investment property and stay up here for the time being, but I'm having a hard time...
Can anybody give some good real-life examples of people (or yourselves) that have overleveraged themselves in buy-hold real estate? What did it look like? What happened? What were the consequences?
Thanks!
Hello all, We are purchasing a 12 unit property. Each unit is about $100 under market. Also, the seller allows pets but charges no fees at all. This has turned the place into a "pet motel" (some having 4 pets in a 2 b...
We are currently stationed in Guam and recently noticed houses appreciate pretty fast. Houses that were 350k a year ago are now about 425k. This led my husband and I to consider owning but the numbers are not adding u...
Hi all,Just getting started here. I recently finished reading Set For Life by @Scott Trench and wanted to get some feedback on some good approaches to take, from that perspective, for someone starting later in life w...
Newbie here!
We have a secondary home we plan to start to use as a STR next summer. The home is currently in our name and we have a conventional mortgage on it.
-For those with a house in your name, do you have ...
Hey fellow BP'ers,I need some advice on how to approach an absentee owner.I currently own a single family vacation rental in the White Mountains in NH and one of my neighbors is an absentee owner. It's kind of a stran...