Eric Cybulski
What are the consequences of a cashout refi on an investment prop
Here is the situation. I have an investment property worth about 150k and a loan for slightly less than 50k. The property is currently financed at 5.125% int rate. I am considering doing a refi to lower the rate a...
Jake Kucheck
How Do I Involve BP in My Facebook Discussion?
Completely by accident, I started a fairly interesting conversation about moral hazard, principal balance reduction, and mortgage payment incentives on Facebook.
Is there any easy way to "upload" the discussion on to...
Richard Miller
Hard money loan to an old friend. Never done this. Help!
So friend for 20 years has flipped a couple homes recently and knows I'm interested in the same calls me up. Wants to know if I would be interested in being his hard money lender for about 100k for his 3rd project. I ...
Darren Landerway
What is my next move with the two options I have?
Hello,First time in here but very familiar with podcast. I have a question about the next move I should make with real estate. I currently own property upstate New York that is doing well and would like to buy another...
David Corvin
LLC?
I notice that just about everyone signs their posts here with an LLC. I don't know much about being LLC'd. Should I do that prior to flipping my first house or doing my first wholesale deal? If so, why? Is it a li...
Yoon Chong
AirBnb Management Liability/Insurance
I have a friend that wants to use one of his properties as an Airbnb rental. As he is moving out of state, I offered to manage it for him to see if STR is an investment strategy that I'm interested in. I'm a realtor a...
Account Closed
mold issue
Question for you all.We had a couple move in to a one bedroom unit we have. They have been there for two months. Two days ago, I got a call from them saying there is mold on their furniture in the bedroom, the window ...
Elliott Wolf
Long Distance Investing in Detroit
I'm starting to realize it is very difficult to find a cash flowing property even in a decent area in Dallas. My original plan was to do a househack but I was not aware of how competitive the current DFW market is, I ...
Will Browm
Eviction-moved out; can I start work?
I posted a quit notice on one of my rentals due to non-payment (tenant lost her job). It was not pleasant and communication has ceased but neighbors have let me know she moved out. I just filed the Dispossession pap...
Kellis Landrum
Evaluating Market Pricing
Hey Gang,I joined bigger pockets a few months ago and have been reading up on a lot of great info. I am looking to buy in Memphis (38115) from a turn key provider. I have found a few forum threads where people who hav...