Stefano Vrolijk
First investment property as a foreign citizen
12 January 2025 | 12 replies
However, there are also some downsides to consider, such as higher fees/interest rate.
Alex Hileman
DSCR Lenders for Under $100k Purchase
6 January 2025 | 5 replies
as is prop value 75k and minimum loan size of 50k. as long as its turn key 30 year fixed is available. yes there are some fees and rate will be a touch higher. if it cash flows get it closed.
Steve Mitrano
Flagstar Bank & LLC Transfer
12 January 2025 | 8 replies
Another work around that isn’t discussed much is working on a strategy with your insurance company to protect your other assets in the event of a claim.But also, it wouldn’t be a bad idea to consider getting the financing into your LLc name with a community bank and pulling cash out if you have substantial equity.Right now, since the loan is in your name, it shows up on your personal credit report.
Cathy Svercl
Rent credits for cleaning & painting by future Tenant
15 January 2025 | 8 replies
I would also give her x amount of days to move but let her know you will have to charge a prorated fee per day after that to move for occupying both units.
Pankaj Malik
Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
The right attorney on their side can put you in a position with legal fees and everything else until you are just forced to settle.
Kash Tacke
Turn a detached garage into an ADU?
8 January 2025 | 6 replies
The expansion of ADUs hence serves a dual purpose, simultaneously addressing housing affordability concerns and nurturing the urban economic vitality.As far as sewer and water, they would be pulled off the main in the back of the property.
Jorge Lopez
BiggerPockets app change my iPhone and the BiggerPocket app ?
31 January 2025 | 42 replies
Hi @Jorge Lopez appears the iOS version of the bigger pockets app has been pulled off the App Store, usually that happens because apps are not getting updated to meet current standards but I would have to defer to the BP team to clarify.
Brad Kanouse
IRA funds as down payment
22 January 2025 | 21 replies
Solo 401K, pull personal loan out at 50K or half the balance of the account, whichever is less.
Griffin Brenseke
Sell or hold an investment property (4.75% rate)
13 January 2025 | 7 replies
The interest rate is nice, if there was a way to increase the cash flow to ~15% or greater COC you could pull a HELOC on the property for 9% and collect the delta.again though, i would suggest selling it and trying to lock up a property or two with the proceeds that required some sweat equity, force appreciation through a reno, rent it out, refinance and repeat (BRRRR)
Ashish Gambhir
Rental Real Estate Investment in and around Raleigh
15 January 2025 | 6 replies
If you're new to investing, keeping an eye on property taxes and HOA fees in this area is also key.