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17 January 2025 | 11 replies
When you have studied your market properly you should be able to provide the answer of if single family or residential multifamily is better for cash flow. 1% rule was for a time when almost all deals were decent as a way to rule out the lessor deals and concentrate on the best deals.
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16 January 2025 | 15 replies
Then there’s fraud or misrepresentation, where borrowers inflate project values or provide false documentation.
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12 January 2025 | 1 reply
I'm looking at buying turnkey (through a well known provider on BP), and would like an independent property inspector.
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22 January 2025 | 15 replies
They can provide access to off-market deals and connect you with a network of contractors familiar with BRRRR projects. https://www.biggerpockets.com/business/finder/agentsProperty Manager - Choose a PM with Section 8 expertise to ensure smooth tenant placement and compliance with inspections and rent guidelines.
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11 February 2025 | 167 replies
What people find appealing about Bitcoin, is what made it run afoul of the post-recession and post-9/11 PATRIOT Act anti money laundering stuff.This is a direct quote from the FHA Customer Service team at the Department of Housing and Urban Development, again for an FHA loan.I am sorry, without a traditional bank statement, we could not verify the Bitcoin funds came from an acceptable source and was not provided as a loan by an unauthorized party to the transaction.
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19 January 2025 | 51 replies
Currently, I am looking at Hemlame for local, I tried to use them for an out-of-state investment property, but the cost with an agent would end up far greater than a full-service property manager.The dream option would combine all accounting, bill pay, rent collection, provide eviction services, and maintenance coordination outside of normal hours.
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13 January 2025 | 31 replies
There’s no risk and all reward because if somebody can’t provide ID, they’re not going to be able to rent from me anyway.
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21 January 2025 | 14 replies
Processes have been set up to provide a degree of protection to parties involved in subject to transactions.
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19 January 2025 | 2 replies
This led me to researching schools in my area that provided degrees in construction.