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Results (10,000+)
Scott Johnson Would you buy a property receiving under market rents?
8 March 2024 | 4 replies
Check with your lender to make sure they are comfortable lending with this period of 3-6 months where your cashflow is light.In terms of updates and tenants, it sounds like you may have time to complete them at the end of each lease expiration.
Amanda Feack Unique situation - negative cash flow OK?
8 March 2024 | 6 replies
You'll get a lot of opinions on here, going both directions..Personally, I am ok with zero or little cash flow (but not negative) ONLY IF the asset will certainly appreciate nicely, and within a  period of 2-5 years (just my own rule)But I don't like the concept of having your other assets cover this one, each asset should stand on it's own.Just my $0.02....
Jordan Epping Refinancing and Hard Money
8 March 2024 | 12 replies
Different loans have different seasoning periods - so you'll want a nonQM loan with low or no seasoning and that will still allow you to use the higher of the new appraised value vs the original purchase price.
Russell Quinn What is radon?
8 March 2024 | 2 replies
It's significantly less expensive for a buyer to get it tested during a contingency period, rather than taking the chance and paying thousands in remediation once the deal is done.
Mary Ainsworth Tenant has no income but money upfront - too risky?
9 March 2024 | 25 replies
I've required rent up front for the entire period, proof of funds to ensure they could cover rent 3x for each month they were staying and a letter from their program administrator ensuring that the students were on rotation and were required to relocate after their rotation was over.
Jason Pender Can I buy land with my SDIRA hold it and then sell it to a company I own?
8 March 2024 | 7 replies
Can I buy land with an SDIRA, hold it for a period (2yrs for example) and then sell it to a company that I own?
Vernon Huffman If you had $300k liquid how would you start RIGHT NOW?
8 March 2024 | 53 replies
i have started to think of the first few years of ownership as a long stabilization period
Timothy J Kimber Jr. Bigger vision thanks to Bigger Pockets
8 March 2024 | 9 replies
Glad to hear things are going well...Learning can stimulate tremendous growth in a very short period of time depending on how you use what you learn.One thing I'd highly recommend doing, if you haven't started doing so already, Is to download audible and start listening to books on the areas in which you're looking to learn/invest.BP has published many very valuable books on many different subject including BRRRR, investing with little/no money down, estimating rehab costs, property management... to name just a few.This is a journey, not a sprint, so take your time, adjust to being in it for the long term, and FOCUS!
Greg W. 5 year lookback period - Non Qualified Use Question
6 March 2024 | 2 replies

I have a non-qualified use question that's very specific:
We relocated our family to the Midwest and we rented out our primary residence in Orange County on Feb 1, 2021. It has been rented to the same family since th...

Jay Dave Legally terminating a month to month lease
7 March 2024 | 19 replies
The tenant can only be required to move out at the end of a rental period (the day before a rental payment is due).