Hi everyone,I have a dilemma on my hands and I'm looking for some advice. I have a duplex in a very desirable neighborhood in Michigan. It's never vacant because of the location and because of the condition. I purchas...
Hi everyone.I have a townhouse which I prefer to rent to families. However, 2 recent university grads (both female) want to rent it together. Would you rent it to them? Some potential problems in my opinion:- 2 tenant...
So i am in the process of buying my first investment property and was quite shocked at how high the closing costs are when i got the official numbers. is there any negotiating with the lenders on any aspects of the cl...
Hello! This is my first post on BP but I've been reading articles for a while now. We are new to the REI world but my husband's brother owns a small rental property and has a team of brokers and a lawyer who he works ...
Can someone tell me the basic in and outs on the best approach for winning a Fannie Mae auction. The property was listed for sale for quite awhile. I had my agent call to make a cash offer on it and the REO agent said...
We're looking to add property to our portfolio. I currently can no longer qualify for any conventional financing due to DTI requirements, however, my wife is NOT on the title or note of any of our holdings. Therefore,...
Just wondering if this happens to everyone else.
Had a guy walk through one of the houses we recently fixed up and are trying to flip. Says he loves it and will take the house. He said he needed to get $1000 out of h...
Is it necessary to send rejection letters to anyone who completes an application or only applicants who have submitted an application fee or background check fee?
Hello Community! I had a couple of quick questions I wanted the Forum's insight and input on, specifically when it comes to hiring contractors to do rehab/project work on your investment homes. 1) Can you (or should y...
Greetings everyone,I am new here and rather new to the real estate game. Luckily, I do have access to resources from friends and family in regards to having an agent, real estate investor with prior experience, and mo...