
2 September 2024 | 8 replies
., it’s common to ask for a down payment of 10-20% of the sale price. 1.

5 September 2024 | 11 replies
Invariably, there's commonly some version of "we've always done it this way" or "because person X said so last time" or "well you just can't do that" that is creating the roadblock.
4 September 2024 | 11 replies
If this were an apartment complex, you would have full rights to camera up the common areas.

3 September 2024 | 7 replies
Seems like maybe a less common scenario, but can't be the first time someone has done this.

3 September 2024 | 7 replies
@Li Kia, I don't know your state's laws but speaking generally and using common sense:They gave you notice on 5/12 and moved out 6/13.

3 September 2024 | 17 replies
Software is a common question on BiggerPockets.

3 September 2024 | 7 replies
Jackson nailed the answer to your first question.A HELOC is a line of credit using real estate as collateral.A credit card is a line using your credit as collateral (nothing).A business line of credit uses your business as collateral.A "PAL" or pledged asset line is a line of credit that uses your investments as collateral.Etc.All of them share in common that they are a line of credit; you draw what you need and only pay interest on what you use.Traditionally, lines of credit that have collateral are going to have much lower interest rates than those that don't, like credit cards, because in the event of default there is nothing to seize.

2 September 2024 | 6 replies
That's a fairly common issue in smaller markets.

2 September 2024 | 11 replies
It is more common to see 80% LTV on rate-term refinances, and some lenders will allow you up to $5,000 in cashback proceeds.

2 September 2024 | 11 replies
An LLC and IRS Employer Identification Number can be used to open a business bank account.