My wife and I purchased a duplex in Denver last year. It was financed using a primary residence mortgage. We had to put $105k down to qualify, based on DTI. We lived in one side of the duplex for about 7 months, then ...
Hi, i am currently in foreclosure on my home.
My home value $450,000
My first loan $250,000
My second (personal loan from father) $25,000
I am behind on my monthly payments: $15,000
Oth...
BP...I am looking to open a self directed IRA. Does anybody have any suggestions on which company I should use?
Thanks in advance!
Greetings BiggerPocketers,My name is Collyn and I am from good ole Buffalo, New York. I am relatively new to real estate having only worked in the field for a few months but have been taking more steps as of late. I ...
Hi all:
I came across a deal in my area that seemed ideal for a flip. The house in question needs a total rehab, but was priced significantly under comparable homes in the neighborhood. It was listed for around 200k...
I tried so hard last summer to begin investing as a flipper. I simply could not compete with cash buyers and my RE agent kept telling me that my renovation expectations were too unrealistic (she was thinking it would ...
Hello,
Probably not looking to buy until 2014, but I want to get an idea of where I need to look to buy my first rental property.
I am in the Dayton, OH area. I live in Montgomery county which seems to ...
Location: Jersey City, NJProperty Type: Fourplex gut renovation, financed with a 203k loanPurchase price: $999,000Renovation amount: $460,000ARV: $1,500,000Projected rental income: $10k/moAnnual income: $120,000Net Op...
Hi everyone,This is my very first post and i have a few questions. I just started listening to the bigger pockets podcasts and i am now obsessed. I love learning and trying to educate myself. It quickly became evident...
Does anyone have a list of exit strategies that would work for multi-family properties in either a "lease option" deal or a "subject to" deal (subject to their existing financing)? Thanks, Mike