New to the forum so forgive me if there is a better area to post this question. I'm looking at a portfolio of 5 townhomes being sold together under separate TMS numbers. They physically makeup 1 building. People combi...
Hi all, New to Bigger Pockets!! I'm seeking advice on adding self storage space to an existing 3 unit building. The property has an empty garage and basement that could help add cash flow to the bottom line... What ar...
Hey guys and gals of Bigger Pockets I'm a newbie just signed up and everything I work around Upstate NY Albany and surrounding counties. I just wanted to drop a line and say hello, I've been following this site for so...
For the 50% rule, if I'm analyzing a deal involving a condo with a HOA fee, does this charge go into the debt service/mortgage part of the other 50%.
Also, what about PMI? Where does that go?
I wanted to know what the closing process is on a cash deal if you can't be at the closing table and what if any pitfalls there could be.
What should I be aware of and watch out for?
Hi BP,
It was recommended to me in my post on prospective househacking that I perhaps start with a condo for my first buy. Are there pitfalls to renting out condos and does anybody even rent condos? I am also unsure ...
Hello everyone, I have a small parcel with a stick-built duplex in Southern California. There is empty land on my parcel that had a mobile home many moons ago. I hate that it's just barren and wasted space, and the ...
Greetings Bigger Pockets universe. My girlfriend and I recently bought our first home in the Colonialtown North area of Orlando. For those unfamiliar with the area, there are many duplexes, townhomes, and detached mul...
Good morning, I am putting a 2 bedroom condo for rent in DC, and want to ensure there are no issues with DC fair housing codes, and discrimination, but also want a stringent screening process. How do you structure you...
Does anyone see any legal pitfalls with offering to pay a seller $50K now, in one year, and in two years, for a total of $150K?No interest would be specified. No amortization schedule. No prepayment penalties.Obviou...