Patrick Rowe
First Rental Property Under contract
I have a 3 BR 1.5 BA Under contract for $55,200 and the appraisal came back at $83000. My banker is willing to lend me $77,000 to purchase and make repairs with no money down. The property is a fannie mae property and...
Gaston Barua
Second home loan right after a Lien release?
Hello All,I am pretty new to the REI world and am looking into my first rental property. However, I am a bit concerned because I am working with my lender currently to get pre qualified for a loan, and am in the proce...
Joe Mansfield
Advice on first property and developing a strategy
Hi all, I’m new to real estate and am trying to develop a strategy to best achieve my desired result. I feel like the biggest detriment to my financial picture is paying almost 40% in taxes (single with no dependents)...
Account Closed
Rezoning from R1 to R2
Hello everyone,I am in the process of purchasing a 3bd/2ba with a detached 1bd/ba. However, the 1bd/1ba was not permitted. I would appreciate any feedback on the process of having a property rezoned from R1 to R2. I ...
Sam Rose
Apartment building
Hi I'm looking to buy an apartment building 40 units or more.Does anyone have suggestions? Thanks
Eli Edwards
New, from Los Angeles
Hello all, my names Eli.
Right now I'm a beginner investor with no prior experience. I started researching about real estate investing a few years back, mostly in the library and book store. In 2006 I attended the A...
Marci Stein
Can my LL ask me to leave to fix apt?
My rent-controlled apartment in Manhattan is being re- bricked outside and the walls are crumbling . landlord said it’s a health hazard to stay , and asked me to leave for 7 to 10 days but not providing a hotel or an ...
Kevin Nichols
Bank calling in loan - owner financing
My bank, BB&T, is calling in a loan on our office condo because we're selling it and owner financing it. Is there any way to convince BB&T to continue the mortgage? They said it because of the deed change.
Michael Keane
Seller Financing: 0% Down Payment?
Hello BP Community! I am looking to purchase an investment property (duplex) and will be entering into discussions with the owner about a possible seller financing deal. I am willing to offer up to 20% above the askin...
Spencer Nelson
Loan to Myself
I'm looking for some opinions on a way of personal accounting for the way I finance my properties. I currently only have a condo, but I'm going to try to buy a multi-family the next time I'm back in the States for mor...