Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
They will continue to get 360 month loans for the 'cash flow'.
Torianne Baley
Letter of Intent with Loan Fee - Is this Legit
2 January 2025 | 19 replies
Stop reading if you want.2) I couldn’t guess what “There is a 6 months of grace period before interest payment begins” means.3) They call their $3555 charge a “Loan Fee,” stated a few lines up as 2%. 2% of $235,000 (loan amount) is $4470.4) Do you seriously believe the loan fee, “… IS 100% REFUNDABLE IF THERE IS ANY DEFAULT FROM THEPART OF THE LENDER OR IF THE BORROWER CHOOSES TO TERMINATE THE LOAN.”5) It’s okay to pay an appraiser directly.
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
31 January 2025 | 120 replies
I've gone through 4 different ones in the past 4 years and I've finally found a good one.
James Carlson
Are STRs as we know them dead in Colorado (and other places)?
27 January 2025 | 56 replies
It seems every market goes through a cycle -- unnoticed potential; early titillation as the potential becomes known; flood gates open and gold rush is on; property prices rise, revenues drop, regulations come in; and finally balance is found.
Melissa Johnstone
First home buying experience and with using my VA loan
7 January 2025 | 4 replies
This was through the Veterans Affairs home loan program.
Tiarnan Gormley
Nearly 18 and need advice on REI while i'm away overseas!!!! HELP!!
25 January 2025 | 24 replies
Quote from @Tiarnan Gormley: How will you qualify for loans?
Kyle Hardie
New investor in Fairmont, MN
28 January 2025 | 7 replies
Finally, BP has various tools available to help you analyze your deals (rental, flips, wholesale, etc), feel free to use them: https://www.biggerpockets.com/investment-calculators Please let me know if I can help, and best of luck!
Diane Tycangco
Loan on Property 1 for Downpayment on Property 2
1 January 2025 | 4 replies
If I got a home equity loan for Property 1 and used the proceeds as downpayment for Property 2 and then got a 2nd loan for the remaining 75% purchase price for Property 2, when I sell Property 2, can I use the Property 1 loan as part of the cost basis for computing Property 2 capital gains?
Henry Clark
Self Storage- Just Built, To Sell or Not
16 January 2025 | 6 replies
After watching my wife, son and I build our 8locations over the last 7 years, he finally got the itch and saidhey, help me get started.Already posted theprocess he went through on another post developing the location.
Alex Hymanson
Loan Product and Value Add Questions for Self-Storage
2 January 2025 | 2 replies
Its a tiny loan for any institution.You'll have to get hard bids from a local GC, but maybe $110/ft?