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4 February 2022 | 18 replies
Lvp or hardwood is much better, but more cash and time intensive.
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4 January 2022 | 7 replies
Yes, I admit there is a little hesitation; they are good tenants in that they pay on time, don't cause me hassles, and upkeep the property, so the idea of going through the process of finding new tenants plays a part in my hesitation.
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8 January 2022 | 14 replies
Buying mobile homes is generally a cashflow only play.
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8 January 2022 | 13 replies
This self-torture is not recommended.To make it more complicated still, other factors may come into play such as prior suspended losses from this property or other investments or maybe (albeit not very likely) the net investment income tax surcharge.
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23 March 2022 | 3 replies
.- All assets are removed from your name which will normalize your FICO credit score-They will require quarterly updates on your books-5-10 year balloon is the norm but expect prepayment penalties- Lender holds 3 months of reserves Here was my breakdown when first exploring this: https://www.biggerpockets.com/...Properties 20+: PLAY WITH THE BIG BOYS:Flush with cash after the cash refinance and hopefully additional capital the number one priority is acquiring properties.
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4 January 2022 | 2 replies
Credit score and liabilities will come into play so if that is not in line it may be better off without.
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27 January 2022 | 6 replies
For me being around like minded people is what made all the difference Bigger pockets plays a huge role along with a monthly meet up I co-host.
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9 January 2022 | 4 replies
That is where a second home can come into play where you can put 10% down.
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5 January 2022 | 1 reply
My best option so far was to play the work to start as they go on a vacation, but with COVID that isn't likely anytime soon!
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1 March 2022 | 8 replies
They play this game with a lot of agents.