Brandon Weis
20-25% Required as Down Payment on House Hack
8 December 2024 | 7 replies
You can also explore FHA with 3.5% down as well with 1.75% Upfront fee + anything with more than 3-4 units, there will be a SS rule (Self-sufficient test) to pass per FHA guideline.If it is a legal multifamily unit, you can also use those vacant units as your rental income up to 75% of gross market rent.
Jalen Greenlee
Private Investor Refi or Suggestions on How to Move Forward
4 December 2024 | 2 replies
Naturally, she wants to be in a more comfortable environment to welcome our son into the world.However, there’s a legal hurdle.
Tim Callahan
In Maine, can I use a tenant's security deposit to cover legal fees for an eviction?
26 November 2024 | 4 replies
I start with cleaning and repairs, then I apply it towards utilities, legal fees, late fees, and rent, usually in that order.I also have a holdover clause that says the tenant is charged 4x of the monthly rent, prorated daily if they hold onto the property after lease termination.
Katharina Bormann
General non-responsiveness from tenants in adhering to agreement
10 December 2024 | 9 replies
MA is a very tenant-friendly state so I try not avoid the legal route, even if it costs a bit.
Jonah Gunalda
ER doctor hoping to diversify in passive real estate!
10 December 2024 | 25 replies
Most are fine with that, but a few will have problems with it and claim there are legal issues, etc..
Christopher Warren
Multifamily Mindset $40k ????
10 December 2024 | 26 replies
So that $100k+ ED is coming from your pocket, before it can be reimbursed by investors.Legal Fees: you can't raise money without legal contracts setup.
Maria Jeanette
Hello BiggerPockets! New PRO here
9 December 2024 | 16 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
Joe S.
What are your thoughts about Prenuptial agreements?
6 December 2024 | 51 replies
.: A prenuptial agreement, or prenup, is a legal contract between two people who are about to get married.
Justin Wren
Renatus?
8 December 2024 | 21 replies
Some approaches felt legally and ethically questionable, particularly for someone trying to transition quickly out of a 9-to-5 role.
Dana Yobst
Consolidate Retrieval & Legal Efforts Against SCOTT CARSON & INVERSE ASSET Fund
26 November 2024 | 22 replies
Numerous ways assets can, legally and illegally be placed beyond the reach of judgement creditors.