Mary Holland
Hey everyone! Has anyone here gone through the application process for DSCR loans?
30 January 2025 | 7 replies
Comparing rates and terms across lenders can also help you secure the best deal.
Jaren Taylor
Financing Apartment Deals
30 January 2025 | 6 replies
Non-recourse has less personal exposure, but you need a very strong balance sheet to secure this without bringing in a KP.
Melvin Lamont Evans
Does the brrrr method work for multifamily
26 December 2024 | 3 replies
@Melvin Lamont Evans Welcome to BiggerPocketsThe search function can help you find some relevant informationhere is an example https://www.biggerpockets.com/forums/88/topics/1049073-my-fi...
Mila F.
Tenants trailing landlord during inspections
29 January 2025 | 8 replies
I position my inspections as 'planning for future repairs/improvements' which mitigates that whole 'he's here to get my security deposit' mindset.And, I would rather have the tenant with me than to have him later claim that something was broken during the inspection.
Mark Daniels
Advice on borrowing against a paid off Commercial property to buy an additional one.
18 January 2025 | 8 replies
If the loan amount you are looking for is small relative to the value of the first and the second property combined, they are very well secured on a LTV%; ask for a 1% point lower rate.If you don't want to Cross Collateralize, do you have any CD's or MM you can transfer to this bank as collateral.
Donald DiBuono
Buying a Trust vs Sub To
23 January 2025 | 7 replies
I believe the code says "if a veteran holds legal title to a property secured by a VA loan but does not possess equitable title, this situation is considered 'not a disposition."
Sam Chicquen
Creative Financing & Seller Financing?
28 January 2025 | 15 replies
However, I find myself uncertain about how to structure such deals and whether I could successfully secure them.I was wondering if you could offer any recommendations for educational resources that might help me better understand and navigate the intricacies of creative finance and seller finance deals.
Amir Portal
Help whit choosing a neighborhoods for BRRRR strategy
28 January 2025 | 10 replies
Begin by targeting distressed properties in gentrifying neighborhoods, securing financing through hard money lenders or private investors, and focusing on cost-effective renovations.
Ethan A.
Seeking advice: tenant violated lease with many cats
20 January 2025 | 7 replies
Give her 30 days notice now, keep her security deposit, and send her a additional bill for damages to the unit in lieu of taking her to court for the damages.
Alec Barnes
How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
It’s astounding how many fake documents are circulating today—you can find everything from fake references and stolen Social Security numbers to falsified income documents.To combat this, we rely on tools like Plaid, Verifast, and Snappt, which are excellent for verifying financial information and detecting fraudulent activity.