Marshawn Moore
Has anyone join New Wealth Advisor (NWA) Riverside CA
26 January 2025 | 32 replies
Hello, I am jumping into their 3-day course.
Jerry Callow
Short Term Rentals in SF
2 January 2025 | 5 replies
Here is some info: SF STR FAQAssuming the info is up-to-date, it must be your permanent residence (you must live at the property for a minimum 275 days a year), you can rent unhosted a max of 90 nights a year, you need a business license, and you need to pay the city $925 for a STR certificate.
Jack Townsend
One Brokerage BRRRR Loans
6 January 2025 | 7 replies
DSCR Loans - Both Purchase and Cash Out Loans- Investors typically use these on the cash out portion of the BRRRR Strategy - Minimum Downpayment, usually 20% but some lenders offer 15% down - Max LTV on Refinances, typically 75%, but some lenders will do 80% - Minimum Title seasoning (since the property was purchased and recorded on county records) is 90 days, although some lenders have no seasoning at all as long as you can show rehab work completed. - 30 year fixed terms - Usually have a Prepayment Penalty from 1-5 years, although you can price out a 0 PPP for a higher rate or fee- Minimum Credit score is 650 usually, although you could do a lower LTV loan at 620.
Steve Mitrano
Flagstar Bank & LLC Transfer
12 January 2025 | 8 replies
If the bank will call their note if you commit to the transfer you can also check out this article as one strategy that has been used to work around the issue.This is not legal advice, just my opinion as a real estate investor.
Anthony Kolbusz
How to get started?
21 January 2025 | 4 replies
If not, I have included an article below that sheds light.
Somesh Mukherjee
From Toronto, looking to invest in Ohio!
27 January 2025 | 18 replies
I had seen the article last week and it is very informative for a remote investor.
Adam Hardy
Putting rental under LLC
15 January 2025 | 1 reply
Why not take his name off the LLC and put it in your name now while the LLC has $0 of value (or whatever nominal amount your articles of organization or operating agreement say that you contributed)?
Andrew Schaff
Hello BiggerPockets! New PRO here
14 January 2025 | 7 replies
@Samuel Diouf, thanks for sharing that article.
Drake Backman
Newbie trying to learn the ropes
26 January 2025 | 3 replies
There are some hyper specific forums on here as well for everything under the sun, and tons of amazing articles.