Andrew Votsis
Buying potential "boarding house"
Looked at a home today that is operational rooming house. Lender says needs to be listed as 4 family at the most otherwise i will have trouble with financing. I am a qualified buyer standard 25% down etc. Any thoughts...
Seth Hudson
8plex for sale at 150k but appraised at 88k
I am looking at an 8 plex as my first rental property. it was built in 1987 and comes with renters whom have been there anywhere from 2-6 years. It cash flows 100 each unit coming out to 800/ month. The seller has off...
Danny Noonan
REO property - 10% down?
I've spoken with a couple of lenders in my area and they all require 20% on investment properties. My current cash situation leaves me short. Does anyone know of any online lenders that will do 10% down?
Claude Hodge
Please analyze this for me...
Think I have a winner here folks (famous last words?).
SFR ranch
2/1.5 950SF
0.11 acre corner lot
Built in 1949
All appliances included
Central Air (1 year old)
1 car attached garage
2008 taxes - 429.00
212 days o...
Aaron Aaron
Newie scenario
OK..I've begun my RE investing education by joining Biggerpockets and visited my first county courthouse. Luckily for me the two courthouses I visited were not computerized so I spent a couple hours familiarizing myse...
Maged Bishara
Can A good wholesaler help me find the right properties?
Hi I have another post out there about trying to find the right properties out there that will work with the different financial ratios that I've been learning about in BP: NOI, cash flow, ROI, Cap Rate, COC, etc.I'm ...
Andrew Tothill
Looking for best way to structure an investment
Hello,I have a unique scenario where 3 people are involved in acquiring a property, just looking for the best way to go about it that satisfies all three parties.Person 1: Bad credit, Mid-40s income, never owned and h...
Nicholas Overbeek
Wholesaling Houses in Minneapolis
Hi all,I’m new to real estate investing but a long time listener to Biggerpockets podcast and have decided to take action.I don’t have the capital I need to really jump start my investing so I’d like to get into the w...
Moshe Levy
Joint Venture Fraud Alert + Advise requested
I entered into a Joint Venture with Ron Sharrod, Amy Sharrod (since divorced) + Don Jensen + Esther Jensen From Sacramento. The numbers looked good. 440K purchase price, 200K rehab for a 900K ARV. 6 months turnaro...
Nic S.
30yr fixed or 7/1 ARM?
Mortgage advice: would you do a 30yr fixed @ 4.5% or 7/1 ARM @ 4%? Property 4 & 5 in portfolio with a purchase price of $155k. Previous properties are on 30yr fixed. Lender says at my current pace, I will be at 10...