Michael Perry
Freddie Mac Homes Questions
11 December 2024 | 4 replies
As an investor, you'll need to wait until this period expires before your offer will be considered.Additionally, Freddie Mac may require proof of funds or a pre-approval letter with your offer, and they often prefer cash offers or conventional financing.
Lolo Druff
Buying a house with tenants in place
11 December 2024 | 5 replies
Get copies of the lease and proof that they are paying on time and yes get an estoppel certificate.
Keaton Sheffert
First Time Attempting to Re-zone Land - Advice Needed
14 December 2024 | 13 replies
You can show a packet to the mayor of the city, and they'll focus on a 3d picture of the development rather than 10 bullet points on how it will increase affordable housing supply.
Maria Jeanette
Hello BiggerPockets! New PRO here
9 December 2024 | 16 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
Jay Sheth
Anybody worked with zeker management
11 December 2024 | 37 replies
I went with my gut and dodged a bullet here since we skipped buying the property.
Vivan Bhalla
RentToRetirement.com Review - Beware of this scam
16 December 2024 | 43 replies
Also on the lookout for ideas and materials and homes you can make tenant and idiot proof.
Jared Basker
Renting vs Selling/Transferring Home to Family Members
10 December 2024 | 3 replies
I figure the upside to the rental scenario is, of course, investing in multiple properties, while a downside would be having to most likely get a conventional loan on the second house with 20+% down and proof of sufficient enough financial reserves to handle two mortgages.
Scott Zeiger
Appliances
17 December 2024 | 29 replies
I have one fridge in storage as a tenant brought their own, so that is a mixed bag.Refrigerators and stoves are reasonably failure-proof appliances if you stay away from ice makers, water in door options, and other things that add complexity.
Michael Baum
Mike's Deal of the Day - Walmart Cyber Deals
2 December 2024 | 2 replies
Here are a few Walmart deals that I found that could be useful$15 - Chefman Rapid Boil 1.2L Electric Tea Kettle - https://www.walmart.com/ip/Chefman-Rapid-Boil-Glass-Kettle-1...We have this kettle and it has been solid for 2 years now.
Craig Parsons
When to pay for an appraisal?
4 December 2024 | 1 reply
Something problematic they find that was undisclosed on your application (not saying you'd do this, just giving an example), title issues, entity issues, issues with the appraisal even if the value is acceptable...you can either bite the bullet and pay for the appraisal, don't move forward with the loan, or try and find a HML/PML willing to lend to you without an appraisal.