What kind of rates are investors getting from private lenders? What's the holding period? Are the payments interest only?
So apparently the ADU law (SB 1069) in California allows the addition of an ADU to a fourplex.Does anyone know if conventional lenders will still consider this to be a residential property?(Is it still a fourplex?)If ...
On another post which we kind of derailed, we got into discussing creative financing techniques and clauses some of us use in notes secured by real estate. You can read more about it here:
Original "Motivatio...
Here, I'll start:
1. Always do your due diligence.
2. It's better to overestimate than underestimate costs.
A friend of mine is buying a house next week, and when he looked at the settlement package, he noticed that he's getting a special warranty deed (SWD) instead of a general warranty deed (GWD). I know the differen...
My wife and I began renting a one-family house in New Jersey in February 1986 and have paid rent every month without fail and have maintained our tenancy as model tenants without incident.
We had a one-year lease for...
We are closing on a duplex in the next few days. When I called to switch utilities to my name I discovered that apparently the duplex shares a water and sewer meter with a neighbor. The meter is on the property I am ...
Hey Bigger Pockets Fam,
I have a friend who is interested in renting out his lodge on Airbnb but he is not interested in property management. Any suggestions on how much to charge as a co-host if I put in that work f...
I just made my first REI deal today! I bought a house at trustee's sale (courthouse steps). The owner passed away early 2016. I'm guessing there is still considerable personal property in the home. What does the law s...
I do not know about you, but with all the troubles you read about concerning Bank of America it makes you wonder if your money is safe with them. If I had any funds in their bank - I would take it out as fast as possi...