Zaki Naveed
Legal advice regarding issues with a contractor
22 March 2024 | 7 replies
The issue is, I fell for his traps and gave him 75% of the payment (around 35k) because he kept saying he needed it to get done soon and I did not want to extend my lease too much because it was very expensive to do so.
Mary Jay
When would you buy a property with a negative cashflow?
22 March 2024 | 88 replies
In some areas, you will never cash flow (well if you pay cash or do a massive down payment).
Ertha Luma-Gruber
New to BiggerPockets
22 March 2024 | 21 replies
As and out of state investor it is always smart to build a local team you can trust.
Jacob Bremer
Proof read my estimate -
22 March 2024 | 0 replies
I figure the interest only payments for land loan would be roughly $2,100/mo. (800K @ 8% for 3mo).
Dave Myers
Over Budget on rehab loan
22 March 2024 | 8 replies
I'm looking into a few different options now: HELOC on other investment properties (though I'm finding rates are 11%-13%), a business loan on another business I own, and negotiating with vendors to take deferred payments.
Michael Shea
DTI: Rent by room income on schdule E
22 March 2024 | 4 replies
Fannie/Freddie then require you show leases and then use 75% of those leases to offset the mortgage payment.
Jean Carlos Pichardo
First Time Buyer - Duplex House
20 March 2024 | 4 replies
Get written proof of rent payments for the units, and you could try to get tenant estoppels.
Amanda Ferguson
Refinancing Investment Properties
21 March 2024 | 7 replies
For commercial, you can also negotiate the amortization schedule (the longer the better), interest rate, pre payment penalty etc.
Ryan Thomson
Should I House Hack or Rent?
21 March 2024 | 0 replies
Furthermore, you can deduct the interest payments against your rental income.
Anne Jenkins
Has anyone done business with David Garnaco
20 March 2024 | 10 replies
I'm looking into investing but don't totally trust it.