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26 April 2024 | 7 replies
Some hard money lenders will "offer" 100% financing, but a lot of them are doing a bait and hook strategy and will still be limited to LTV regardless.
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27 April 2024 | 3 replies
If you have plans to grow your investment business, I recommend getting it set up now.
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28 April 2024 | 20 replies
Federally backed mortgages cannot be called due on sale if it is a transfer to an entity with the same beneficial owners provided that the insurance is properly updated.But this naturally begs the question - if you're adequately insured, which means letting the insurance company know about the entity, that you're operating the property as a rental so appropriate liability limits are written WHY both messing around with the LLC at all?
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26 April 2024 | 10 replies
Since I am not paying a realtor, I have wiggle room in setting the price.
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25 April 2024 | 10 replies
The rent control stuff mentioned is limited to Minneapolis & St Paul.
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26 April 2024 | 18 replies
Thank you, Jay.In my limited understanding of interest taxing, there are states which do not tax such income.
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26 April 2024 | 8 replies
I am trying to get things set up in 'wealthposition', and I don't think it's going to do what Mint did.
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27 April 2024 | 5 replies
It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the bes
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28 April 2024 | 19 replies
This is the same whether we are building a "double wide" that gets put on blocks or a modular home set by a crane on a foundation.One of my last projects before changing industries was a 2 story modular home that was built on spec...and then sold for roughly $1million dollars within a few months...
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26 April 2024 | 1 reply
Due to having a VA loan on one property already, rental in Tacoma, we would just need to put in 10k for the initial financing because we will have surpass the county VA loan limits.