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24 April 2019 | 10 replies
The property could use some updating but is in relatively good shape all around, and came with a 14 year long tenant on a yearly lease.
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23 April 2019 | 3 replies
A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.
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1 May 2019 | 3 replies
My understanding is that HELOC is only a good idea if you pay it back in a relatively short time frame.
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23 May 2019 | 9 replies
The 15% DP, would have wiped out my savings, however, I wasn't overly concerned as I do have a decent gig, relatively low expenses, a healthy amount of available credit and expected cash flow from another investment property in which I would start to re-build my savings.
27 April 2019 | 3 replies
If rental income is just another line item on the calculation then I think I can come up with the number.The next related question is what overall DTI does a typical underwriter require for a loan on an investment property or does it even matter if the property is rented and I have a signed lease?
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5 May 2019 | 19 replies
This is a great way to learn and you'll also be doing other jobs for the team in addition to investor relations.
30 April 2019 | 1 reply
Question for you...Let's say you walk into a networking event, whether it's real estate related or not, do you bring a business card?
27 April 2019 | 4 replies
But then the majority partner would need to be very careful to not run afoul of related party rules.
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29 April 2019 | 20 replies
(the death was not related to the piece of plywood in any way).When working with GC's, do they usually have every single item of the home itemized?
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30 April 2019 | 18 replies
Related, can she offer seller financing on her current/former primary residence?