Mike Lawt
Buying a Property with an HOA and taking control of an HOA
24 February 2024 | 7 replies
Also recognize that if there are more defaults in the association, again your buyer pool will be very low as investors typically do not like condos and most owner occupied borrowers do not have cash.IF I was buying that many units I would also have a third party engineering study done or ask the HOA when the last one was done.
Alan Asriants
Playing with the idea of Buying a second home in CDA
23 February 2024 | 9 replies
I have seen a huge uptick in activity out there and represented 2 buyers in Kellogg this last month alone, which is unusually high for that area.
Wes D.
Second Investment Property in Five Months!
23 February 2024 | 0 replies
And a travel nurse who rented it last month from the seller is going to finish out the lease with us.
Brian Erlich
Is Airbnb as bad as they say
24 February 2024 | 28 replies
That was my first and LAST booking through Booking.com.
Tyler Robbert
Questions for MLOs
23 February 2024 | 4 replies
They seem to want to sit by the phone and wait for it to ring.
Hari Mann
The Power of BP and Positive Thinking
23 February 2024 | 2 replies
I happened to start learning about private equity funds, stakeholder capitalism, and the housing crisis last week and also started getting more active on the BP forums.I posted about struggling with finding investors for syndication and got some good comments about why this is the case for many syndicators right now.One comment referred to something about FEMA flood insurance rate maps and that rang a bell in my head about a random old piece of land I got a few years ago when I was heavily into tax deed auctions in Florida.
Brandon G.
One FHA Loan For Each Spouse?
22 February 2024 | 13 replies
Non-traditional credit that I have used before is gas bill, electrical bill, gym membership, phone bill, magazine/newspaper, really anything with a monthly payment that can show paid on time.
Logan M.
Cost Seg on two mobile home parks bought with 0% Down, this is a SUPER POWER
23 February 2024 | 0 replies
For you investors that have ordinary income to write off let me tell you the greatest secret to minimizing tax liability, Cost Segregation.When coupled with zero down seller financed purchases the numbers get crazy.These numbers below are one of two parks I bought zero down with seller financing last year.This one park one year is a $140,834 write-off equal to $40,842 in tax savings and the second park is $14,000.I am projected to save almost $60,000 on two community purchases that I don't have any of my money invested into, they were true 0% down parks.Don't kid yourself, real estate is the best investment opportunity that exists.
Nidhi Parekh
Hello BiggerPockets family!!
22 February 2024 | 1 reply
I am always open for a phone call to answer any questions and talk shop :)
Andreas Mueller
A Skeptical Dude's Market Insights - No Job, No Problem Loans Making a Comeback??
23 February 2024 | 4 replies
.- Bitcoin Crosses $1 Trillion Market Cap (@KobeissiLetter).Today’s Interest Rate: 7.13%(☝️ .17% from this time last week, 30-yr mortgage)Mortgage Rate UpdateMortgage rates are climbing higher again this week to 7.13%, doubling last week’s increase - up ~1/2% in just 2 weeks.