William Johnny
What’s a good amount to have saved up for first multifamily property?
29 July 2024 | 3 replies
@William JohnnyTo close the property, you need the down payment (3.5%) and the closing costs (2%- 6%).
Nicole Rhim
Any advice to update this bathroom
5 August 2024 | 11 replies
I would say it is a C+/B- area so may replace the mirror to keep up with the changes.
Vivek Kumar
People asking to lease for corporate lease or AirBnBing
6 August 2024 | 8 replies
When the money dries up, they'll abandon your property and leave you with a bill.If your property is capable of producing a greater return as a corporate rental or short-term rental, I recommend you educate yourself on how to do that and then do it yourself.
Charlice Arnold
How do you maintain a strong and positive relationship with your borrowers?
6 August 2024 | 6 replies
Using technology can help keep communication efficient and responsive, but make sure you’re proactive in addressing any issues that come up.
Carol Burns
dcsr loan for sfr
6 August 2024 | 9 replies
Hi @Carol BurnsYou can find lenders by using the Find a Lender tab up top of the BiggerPockets website.
Jason Jacob
Inheritance of properties
2 August 2024 | 19 replies
You could preform a cash out refinance, the lender would use some of the cash out proceeds to pay off the back taxes at the closing.
Ryan Smith
Bought a nightmare property- could use some help
5 August 2024 | 8 replies
Upon having to evict the tenant, I noticed that the plumbing was backed up and still cast iron.
Sam Issa
Finding deal in a saturated market
5 August 2024 | 5 replies
It was just too difficult to keep up with my GC and permits.I appreciate the advice!
Mike Cooper
Eviction advice for CA
8 August 2024 | 19 replies
I sold my San Jose rentals years ago so not up to speed on eviction laws.