Daniel LeGare
Hello BiggerPockets! New PRO here
10 January 2025 | 7 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
Ashley Larkin
HELOC Question for my LTR Under a Business Name
9 January 2025 | 2 replies
I talked to my lender contact and, as Kerry mentioned above, it's pretty uncommon that a traditional lender would offer a HELOC product on an investment property (non-primary home).
Jeet Sangha
Did You Know? Trust-Owned Homes May Face Insurance Issues
27 January 2025 | 0 replies
If a home is titled in a trust (or an LLC), the trust or LLC should be added as an additional insured to avoid potential disputes during a claim.To confirm, we reached out to an insurance carrier, who clarified:“A carrier can potentially deny a claim if the home is titled in a trust or LLC but the insurance policy is under the individual homeowner's name.
Christopher Helwig
Multi-media Documentation of Flipping for Potential Buyers
9 January 2025 | 3 replies
No sure about that as buyers want to see the finished product and showing them before pictures will often not be well received.That's funny, my wife said the exact same thing about showing them the before pictures.
Matthew Orr
Should I sure for specific performance?
28 January 2025 | 9 replies
Additionally, the contract with the wholesaler is set to expire on Monday the 27th.
Chris Agun
Using home equity to finance a multi-family
2 January 2025 | 5 replies
If you feel ambitious, you could try a BRRR strategy adding additional equity to the subject home and then taking equity out of it to pay off either the HELOC or if you decided to the refinance the primary residence.
Jacob Dalton
Should Cook County be a "No Go" Zone for Single Family Rental Investment?
22 January 2025 | 12 replies
Here are a few additional strategies that might help mitigate risk if you decide to rent the property:Hire a Strong Property Management Company: While you’ve already spoken with some PMs, consider finding one with extensive experience managing single-family rentals in Cook County specifically.
Julio Gonzalez
Cost Segregation Study on SFH in Iowa
22 January 2025 | 0 replies
An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.
Christina Galdieri
1031 Exchange for a small business?
28 January 2025 | 6 replies
@Christina Galdieri A 1031 exchange is specifically designed for real property held for productive use in a trade or business or for investment.
Darlene S.
Avantstay pros cons for an owner? Short Term Rental
24 January 2025 | 36 replies
I'm a 20x AirBnb superhost who realized I have more productive uses of my time than hosting directly.