We are new investors trying to put together our first deal and working with a real estate agent. Our agent found a distressed property, which was listed on the MLS, we thought it had potential and we made an offer. Ou...
I just learned today that many times if a SELER on a lease option deal leases their house out on a option to an investor., is now NOT in the POSITION to QUALIFY for a new MORTGAGE on a new house he can move into.I ...
Hi BP nation! Here is my story and the numbers on my first deal since joining BP. I started looking for buy-and-hold properties back in the summer; specifically, small, multi-families. With the help of an investor...
Hey guys,I'm still in the studying and research phase of learning real estate and right now and I'm kind of stuck on the business entities side of things. I have read several things that suggest treating your investme...
I ran across a vacant distressed house today in between my appointments to meet with expired mls. The neighbor says that it has gone to auction and ended up not selling because of back taxes owed.
Several yea...
Hi everyone, I am looking to start investing in multi-family in the greater Philly metro area and am looking for property manager recommendations. I live about 45 minutes away from center city and have small children,...
Hey guys,I have a unique opportunity to purchase a 20 unit for $350k all brick buildings from a bankruptcy. I have the rent roll attached but I am VERY concerned about the "Current Balance" from the property manageme...
Purchased a home two years ago, had a home inspection. Inspector mentioned minor cracking in stem wall, nothing of major concern. Suggests having a foundation specialist look at if there is concern, which was not done...
Hello all, I have been learning about different real estate investing strategies and am most interested in househacking a small multifamily (2 to 4 units). I want to ask if anyone on here has been able to successfull...
Hey BP community, I recently acquired my 1st Midwest Duplex. Below I provide full transparency into the financials and bid process, plus some key learnings. Documenting the acquisition process helps me best retain eve...