I'm in the process of buying a house and i have been hearing about the 203k. I understand that some people say, in order to get a 203k then it should be owner occupied. I plan on buying the house on a FHA,long term...
I'm wondering what the general consensus on buying notes is out there. I went to a note subgroup of my local REIA last night, and it seemed like most of the people attending, myself included, had no idea how to acqui...
Hello, I'm wondering if it would be a good idea to change out the air condition condenser since it looks older, but not too horrible. The air conditioning guy said it still has good life to it and works fine, but I k...
Hello BP community! I hope you are all doing well. I need your input on this property I'm trying to evaluate. This will be my first BRRR so please feel free to butcher my analysis. It would most helpful if you point o...
I recently got interested in real estate investing, so I've been roaming around bigger pockets. I've noticed that a lot of people talk about FHA 3.5% down payments on multifamily homes living in one side and renting o...
Hello all! My name is Bethany and I am a lifelong Long Island resident, living with my husband and 4 year old daughter. I have been reading the BP forums and various investing books over the last couple of months. I h...
First post, and this is a doozy. I am in the military and I own a home that I am renting out to great tenants, and just signed a 2 year lease. They want to buy the house and I want to sell the home. I told them they b...
Hi, I'm a new Bigger Pockets member looking to buy my first real estate investment property around Chicago. I'm having a hard time deciding between two options of what would be a better investment strategy in a rocky ...
I was reading through the landlord tenant guide for Virginia Beach and came across:Every nonresident property owner shall appoint and continuously maintain an agentwho (i) if such agent is an individual, is a resident...
I have been here for a while mostly just reading and learning. One thing I haven't read a definitive answer on is how 2-4 family's are appraised. I know 5+ are typically appraised based on the Cap rate and SFR are app...