Lindsey Costello
Breaking into the Providence Market during Corona 2020
7 June 2020 | 20 replies
I've heard multiple reports of buyers backing out and private/hard money lenders refusing to fund deals - at least on the rehab side.I'm less in touch with the house hack / regular buyer side but anecdotally it seems like fewer people are out looking right now.So if it were me, I'd probably be a little more demanding in terms of either asking for a longer timeline, or a bigger discount for repairs.You might also consider paying someone to do an inspection without being present yourself.
Matthew Lopez
New to Bigger Pockets
16 April 2020 | 30 replies
@Brian Ly The events page has a lot of events previously hosted that will give you groups to join.
Sachin Maskey
Multi family offer accepted and closing next week
2 April 2020 | 4 replies
Due to this recent outbreak my closing rescheduled and now schedule for next week I am not working on my regular W-2 job and hoping this will resolve soon and hopefully we can go back to normal routine I am trying to figure out if I need reschedule my closing 4-8 weeks and wait until this outbreak resolves or should I do closing next weekI have already made $10 k my earnest money and would appreciate if you can give me your expertise and recommendations Thank yuh Stay safe
Mike A.
Feedback on deal - Jersey City
16 February 2022 | 27 replies
Investors typically pay a premium on the regular rate. 4.5% and upwards is probably where you will be.Again -- you've accounted for no real expenses in your analysis.
Yi Chung Chen
need complete remodel quote estimate
23 March 2021 | 50 replies
We are also cognizant of warranty followup, and regularly deliver on that (MN has 1 year, 2 year, 10 year statutory warranties related to certain construction elements which most GCs try to avoid mentioning).There's certainly a balance, and DIY work is the best way to shave costs.
Michael P. Delaney
1031 Exchange Rules & Capital Gains
19 March 2021 | 9 replies
They're quite a bit more expensive (think several thousand dollars more expensive) than a regular 1031.
John Lynagh
Regularly Operating at a Loss?
1 May 2020 | 9 replies
Hi BP community,I'm finally purchasing my first property (to start house hacking). I'm trying to do my due diligence in examining the Condo Association's finances and would greatly appreciate your take on my situation...
Wesley Pittman
What Terms/Rate Did You Get on Your Recent QM Investment Loan?
2 April 2020 | 0 replies
Howdy BP,I have a duplex in a 1st Lien HELOC that I'm looking to refinance into a regular 30-year mortgage.
John Hyre
Wholesaling in retirement accounts not legit
2 April 2020 | 3 replies
I’d note that the excess contribution and the penalty thereon continue every year into perpetuity until the excess contribution is pulled out or slowly converted to a regular contribution at the rate of $5,500 ($6,500 if IRA owner is 50+ years old) per year.In light of this case, I think that the Court would certainly view an IRA with the described assignment deal as “not at risk” – all it has in the deal is $100.
Daniel Dietz
COVID-19 EIDL "Non-Recourse" Loans for SDIRAs & SOLO401Ks?
9 April 2020 | 3 replies
As for my real estate investing business(s) I hold properties in both a 'regular cash LLC' and also 2 other LLCs, that are owned by my SDIRA and my SOLO401K.