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Hi all, I've been looking into applying for the DSCR loan. I'm new to the world of real estate, so I don't have very much experience. I just have a few questions about this type of loan. How exactly does this loan wor...
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[Advice needed]TL:DR - Tenants repeatedly made various maintenance request, most request were followed up by professionals that said that the request were not justified, including Building Code Enforcements. Sending t...
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Quick question on those who have done seller financing:
- Buying a 0.3 acre downtown fort lauderdale multi family, negotiated an around 1M price w lot of development rights, double lot. seller got it way back early 9...
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I know flippers sometimes write penalty phrases into contracts ("must complete by XXX or pay $/week/month"). Do you ever pay your GCs extra when they get it done on time or early? Or, are they being paid to do that al...
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I own a fully leased 8 unit multi-family and am looking to purchase a 12+ multi-family in 2018. I estimate in my geography I can find what I'm looking for for around $750,000 or less.My bank is hard and fast on requir...
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I’ve got about $45k in my TSP and had been considering pulling some out via a TSP loan to use as a down payment on a potential flip. I’m not retiring any time soon so I’ve got plenty of time to repay myself, and I’m ...
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Hello, Bigger Pockets!!It is with great joy that I announce that my wife, Piper, and I have closed on our first rental property! We bought a 2/1 in OH and have the property management company in place to get it rented...
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Obviously the "refinance" part of the BRRRR strategy is a crucial one.When you are analyzing a deal that you plan to BRRRR how do you determine what the numbers will look like after you refinance to ensure the prope...
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First, some context. I just recently left a good stable job for a job that appeared to be an opportunity for professional growth. I was upfront on my current skill level and abilities and was offered a temp to hire po...
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Anybody know if this is legal? They offer 30 year lease option and have tenant buyer responsible for taxes, maintenance and insurance. Each month the balance to buy is reduced but 1/360th.
Technically looks l...