Andy Lanyi
How to deduct escrow costs
I am buying a new set of apartments, I trued to look up if I could deduct the cost of escrow. The answer was you have to add it to your cost biases. Not sure what that means. Does it mean you have to add it all up a...
Vernon Bond
How Soon can I cash out Refi???
Hello Bigger Pockets Fam, It's just your neighborhood investor with another question about the "Buy Rehab Rent Refi" strategy. I believe this will be my next strategy to use in my portfolio of investments. I have done...
Rebecca Belnap
Subprime Lending is back? Sort of
Remember 2006? No income, no assets, FICO score of 580, no down payment? Sure, we would LOVE to give you a loan. They are now calling it Non-prime which is probably more accurate. The requirements to qualify are ver...
Aaron Hale
A financing strategy question for BRRRR
Hi EveryoneI’m just starting out and have a question or two about the Refinancing step of the BRRRR strategy. Buying a property.that probably wouldn’t qualify for a traditional mortgage with cash, private, or hard mon...
Jerry Beer
Funding closing costs
How would I go about funding the closing costs? I need approximately 15k and I don't want to use credit cards. What are my options?
Shawn Reisner
Duplex Cash Flow Analysis
Hey guys! I think I found a good candidate for my first investment property, but I wanted some feedback and what you think of my numbers.The property is a duplex where each unit is a 1BR/1BA. The total monthly renta...
Matthew Paul
How to make money wholesaling
Today I got 5 postcards from wholesalers . Each were exactly the same , the only difference was the name of the person , the phone number , and the return address . But all had the same prepaid postmark with the sam...
Tito Q.
Trying to Close on 1st Property- Squatter Tenant in Limbo
Good morning and happy Friday peoples!
I find myself in a bit of a dilemma. I have a two flat ("duplex" for you non-Chicago folks lol) under contract and after weeks and weeks of back and forth with lenders and grant...
Tracie Van
No lease on commercial property Virginia
Hopefully this is the right place to ask.Brother in law has been renting a garage for past 8 years with no lease. First mistake. Owner died about 4 months ago. Kids step in and they are not renewing lease. That is fin...
Ben Dickinson
Florida House Hack advice
I want to house hack a 2-4 unit multi family in Florida and am looking for advice. I love the Sarasota/Venice/Clearwater area and would really appreciate if anyone is currently doing this or has done this in the past...