Hello, I have been researching loans and financing options and discovered that many lenders will let borrowers put a lot less than 20% down on a property, given that they get PMI. Now, this sounds great for investor...
I would like to get some input/advice on what to do next. I currently own a rental with my brother in Oceanside CA which we house hacked for a couple of years, until recently I moved out to purchase my own home. I wou...
Hello Everyone,Brand new to BiggerPockets and REI in general but very eager to meet like minded people and am hungry to learn and get into it. I'm relatively new to Florida, having moved here from the NY/NJ area abou...
How does one decide how much capital to invest in their first deal? What percentage of your total assets should go towards a down payment for deal #1? I feel I should plan for the worst and be as conservative as possi...
My Drawing of my outsourcing of short sale transactions
I know I didn't invent this stuff, but I wanted to organize my process. Here's how it works.
I train Realtors / Agents to bring me their potential short sale ...
I have been speaking with a realtor for a few weeks now; she was a work colleague's recommendation. We get along well and she is very professional but I'm not exactly sure what's happening here. She offered to get tog...
Hi BP, I am currently evaluating a property where I know a cash offer is looked upon favorably compared to purchasing with a conventional mortgage. I am in position to make a cash offer this week. Since the process ...
Hello Fellow BP'ers!So, I've been renting to the same tenants going on 3 years! Exciting, yes. Everything has been fairly uneventful with them - except for having to replace the whole HVAC system the first summer they...
If a tenant does damage to my unit but can't or won't pay for the repairs, can I document the damage and file a claim against his renters insurance?
What do investors do when they have multiple properties? For example, 15 different properties for rentals. Do they just create 15 different LLCs? For fix and flip, that would be a separate LLC too? Any clarification w...