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First time buying rental property with tenants. For due diligence, is it appropriate to ask for records showing current tenants are paying their rent? Does the security deposit go to the new owners at closing, and doe...
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I received the email below from my local REIA. I assumed it may impact many BP members and thought I should share. As I am a new BP member, I'm still navigating the site and wasnt sure if this was the best place to po...
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I am looking at some insight on why a property in my local area is not selling. Here are the basics:Listed at $99,900 3 bed/ 2 bath 1,418 Sq/Ft. Listed for 80+ daysDescription says "property is subject to short sale"L...
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Alright all my BiggerPockets fam, This ones a big one. Ive been a realtor for almost a year and a half now and will be parting ways with my w2 very soon. I’m wanting to know for investing purposes. Most lenders want t...
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Why is it, when I'm researching property price history, many listings just show dates of sell and no price? How do you structure the sale/documents to keep that from being posted?
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Hi BP, We secured our first STR with an equity line of credit and are now hoping to convert that into a 30-year fixed. Any advice on finding a lender who can do 10% down and no MI on a refinance?We also are looking to...
Hello all, first post here on Bigger Pockets.I prequalified for a home loan 4 months ago with a TransUnion credit score of 783 with 0 collections at 3.625%. I had a medical bill that slipped through the cracks and go ...
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Hello BPers!When preparing my financial presentation to Private lenders and Banks, what do I need to present, and how should I present it?
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Hello, So we sold one of our properties via seller carry terms for 5 years, it was free & clear (there are no loans on it). So now the deed is in the new owner/buyer's name, we have a note for the balance that he ...
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Hi all
Newbie here! My realtor is constantly sending me deals and I have analyzed a bunch. I have found one that peaked my interest with good cash flow and ROI ratio but before i make the offer i wanted to ask the im...