Mason Field
Loan for House and ADU
8 October 2024 | 3 replies
If anyone has any advice on this process or obtaining loans for this type of investment that would be very helpful.
James Crothers
Rental property goal
26 September 2024 | 16 replies
I would focus less on quantity and more on quality.
Francys Ramirez
What are you seeing in the market?
8 October 2024 | 13 replies
And when I mentioned Detroit on BP I'd be ridiculed.
Binita Mehta
Company to manage own properties?
8 October 2024 | 6 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.
Brandon Foster
Rental Vacancies in North County San Deigo
8 October 2024 | 1 reply
Places that used to be on the market for days are now sitting vacant for around 30 days.
Samantha Coppinger
How to turn down a tenant I already accepted a holding deposit for
8 October 2024 | 22 replies
If a tenant moves in on October 15th, they pay the security deposit and a FULL months rent.
Gustavo R.
Avoid double taxation while flipping in Baltimore but residing in Canada
27 September 2024 | 18 replies
(IRS) and Canada (CRA) on your flip in Baltimore, but you can avoid this by using the Canada-U.S.
Julie Ahles
Hello BiggerPockets! New PRO here
9 October 2024 | 1 reply
I'm in my gaining knowledge and setting up my foundation phase and currently focusing my efforts on wholesaling with a goal of moving to flips.Excited to learn and connect with you all!
Joyce Kim
Personal financial hardship - HELOC vs Home Equity Loan?
25 September 2024 | 12 replies
@Joyce KimHELOC and home equity loan are not the sameEquity line of credit is a line of credit that let’s you withdraw up to specific amount and you can take less and pay interest on what you drawFor example if you had a $50k line of credit you may choose to use $20k of it and it is usually ten years where you can pay it off and draw moreA home equity loan is a second mortgage which is a fixed amount and paid off over a period of timeHELOC is better in my opinion but if you have no income it will be difficult to get approved even with the equity you haveCommon misconception people have is if you have equity you can just take it, that’s not the case the bank also wants to make sure you have the ability to repay it.