Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Michael Williams Interviewing possible commercial lenders
10 December 2022 | 5 replies
Nothing would be a deal breaker alone, but factor this level of expertise in when evaluating the complete picture.For example, a big problem that I've seen is if a single tenant building is applying with a regular lender, sometimes they apply a vacancy to their own DSCR (Debt Service Coverage Ratio), and they apply a vacancy factor for a single tenant building, which is just wildly inappropriate.
Carolina Mejia First steps- creating the business foundation
21 December 2022 | 7 replies
Remember relationships are built over time, so it may take 3-5 years of solid membership and interacting with your bank before they know and trust you enough as one of their regulars.
Christopher Helwig DIY Tenant Screening Process
10 August 2022 | 7 replies
Schedule open houses regularly (believe it or not, I schedule daily showings at a fixed time) - Your desired tenant is probably looking at other places so make sure they can see your house when they are available.4.
Mike Dymski interest and penalties - safe harbor
19 December 2022 | 3 replies
Taking a quick look at Form 4868 seems to support this (though maybe you can avoid the late payment penalty if at least 90% of your total tax had been paid by the regular due date):  https://www.irs.gov/pub/irs-pd...Here are the relevant form instructions that I'm referencing:InterestYou’ll owe interest on any tax not paid by the regular due date ofyour return, even if you qualify for the 2-month extension becauseyou were out of the country.
Rebecca Coleman How to do seller financing
20 December 2022 | 8 replies
If they have interest in being the bank, we discuss further.A regular PSA is submitted like normal with a method of payment or SF addendum.
Keith Goodwine Went bankrupt trying to wholesale, here's my sage advice
5 February 2017 | 57 replies
If you are relatively debt-free (minus a mortgage), if you plan large expenses several weeks or months ahead of time, and can control your business expenditures, you are much more likely to succeed.DON'T start wholesaling without regular full-time employment.DO start wholesaling if you have a back-up plan. 
Account Closed Fix-n-Flip Gone Wrong
29 January 2020 | 87 replies
Once you get them they do not report to your personal credit and don't care about high percentage use as long as you pay them back on a regular basis and I always pay more than required. 
Account Closed Shady Seller - Loan Contingency removal BEFORE title is complete
15 April 2021 | 37 replies
I follow up regularly with my lender and push asking to improve the date to keep up the sense of urgency.
Hector Mejia Out of state home purchase
17 December 2022 | 5 replies
If you want to be close enough to see them on a regular basis then that would make your house hunting more specific.
Jason Mergl Gift to Property Manager
17 April 2019 | 6 replies
We've had people send us chocolate-covered cherries, popcorn, cookies, and more, and while we love that gesture, most of us are on a diet and it ultimately goes to waste, ha!