hello, I need to know what is a bridge loan? also what type of loan will I need to do if I find a property that doesn't need any repairs done and is being sold for great price?
Hello, im in the exiting process of my fix and flip and I was interested in delving into the short term rental, mainly Airbnb. My question is what is a more preferred type of property to purchase and invest as an Airb...
Hi everyone, I'm new to BiggerPockets, been listening to the podcast for a while and looking to buy my first rental unit. I've been presented the opportunity to partner with a friend of mine and he'd be the financial ...
I recently put a 3bd/2ba and 2bd/1ba $335k duplex under contract to house hack (owner occupant) and I'm wondering which loan option to choose. I have $90k in cash. I will rent out the 3bd/2a unit for $1500/month. Esti...
Looking over my insurance polices I’ve noticed that I pay for “Escape of water from sump” says it covers sewer line backup or interior drains outside of flood water… the cost is tremendous does anyone else carry this?...
What kind of solution would you use for this scenario? I think I need a mortgage that allows for 2 separate borrowers? Buyer 1 is ready to buy his first home. Salary allows him to get a $340k conventional. No downpaym...
Read Mentor 1.Generally there are three types of investors. A. Financial Investor- doesn’t have time, doesn’t want to learn, is satisfied getting a good return without the major gains. Must be able to do due dilig...
If any of you are involved in this market, do you have any experience with wood frame homes versus brick homes? Specifically, do you have issues with finding tenants for wood frame homes when compared to their brick ...
Hello Everyone,I have been learning as much as I can and am wanting to gain some experience soon. My thoughts were to get a primary residence and hopefully be able to find a local bank to allow me to do a 203k loan op...
What does 'owner user' mean when looking at commercial properties? I am looking at some...new to it obviously...and noticed in the SALES TYPE section some say 'owner user'. Does that mean you have to be the user of it...