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17 October 2024 | 6 replies
This isn't really that earth shattering, just kind of annoying.The title insurer will usually require the scope of work and any lien waivers to issue certain endorsements required by lenders for recently rehabbed/constructed properties.Permits are all public record anyway - and often double checked by the appraiser.So - while it is kind of annoying, a lot of this work is already required to complete the transaction anyway.Just my thoughts.
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17 October 2024 | 23 replies
You can refinance a new build into a DSCR loan as long as you have the certificate of occupancy and if there are comparable properties to support the ARV value.
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16 October 2024 | 1 reply
A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to support@biggerpockets.com and someone will help you.
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19 October 2024 | 5 replies
I think it would also make sense to buy at least 1-2 rental properties a year from the very beginning so that these properties could act like some kind of a backup in case I lose my job for example etc.Thanks!
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19 October 2024 | 14 replies
I was so nice and kind to them allowing flexible rent payments but not sure why I had to encounter such a rude behavior from the tenant.
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22 October 2024 | 23 replies
@Jay HinrichsThat lender yes made a very bad investment which I am being kind with those wordsI have a non performing loan in BK and a person gave this person $60k loan unsecured while they were in bankruptcy and never even ran credit or checked on his backgroundShe now wants to sue for fraud which great your suing someone in bankruptcy - the money is gone.
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15 October 2024 | 0 replies
You will receive a report as a result of the cost segregation study that supports the breakout between asset classes and new depreciation schedule in the event that you are audited by the IRS.
10 October 2024 | 0 replies
What Gets Calculated in Child Support PaymentsThe main factor that gets calculated in child support payments is parental income—the total amount of any salary or wages.
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17 October 2024 | 47 replies
I have gotten on chat support like every day since we got it because something is not working right.