Peter Mastropieri
HELOC for property with Deed in LLC
Hello,I have a paid for rental that I purchased for $80,000 cash in 2016. After purchase I transferred the Deed to my LLC. I only asked one lender (I believe it was USAA) last year about a HELOC on the property and th...
Karan Johar
PenFed HELOC Homestead Exemption
I have investment properties in Dallas area and I am currently working with Penfed to do HELOCs on these properties. After going through all the hoops the processor has rejected my HELOC applications because they insi...
Rachid B.
tenants bills issues
I have one tenant who refuse to pay his share of bills with other tenants. Is the landlord responsible to solve their dispute? Can this be used used as a reason for eviction?Thanks
Slava Golubov
Repair or rent as is
Need advise from community Just bought my second single family home in Houston. Price was just over 100K. House looked in decent shape when i did my walk around. Definitely livable. Roof looked like it needed to be r...
Michael Clayborne
About to Buy a Duplex and Wondering how the Offer Process Goes
Hello BiggerPockets!I'm looking to buy my first duplex! It is leased for two years on one side and vacant in the other. I plan to House Hack with this Duplex. I have toured vacant side and noted the side needs rehabbi...
Justin Green
Asbestos siding repair?
Hi everyone, first post, love all the info everyone is so generous in offering here.
I'm in negotiations with a bank on a property in Camas WA. It appears as if the siding may be asbestos. It is in good shape general...
Kino Elliott
Essential property inspections
What kinds of inspections should I have done before and or after putting in an offer on a property?
Dave Vona
Accounting for asbestos/lead abatement costs
I wanted to understand what other house flippers are doing to account for the cost of asbestos and lead abatement when purchasing a property. The costs can be significant if there is asbestos and lead throughout the ...
Gregory Craig
New York is too expensive and l'm looking at other states
I want to leave NY, and I'm looking into other states. My plan is to find another teaching job, and buy a duplex or a triplex and house hack. I'm tryin to look for a pro landlord state, and I'm not sure if North and...
Eugene Vollucci
Comprehensive Property Analysis Strategies
THE INTERNAL RATE OF RETURN (IRR) TO AIM FOR
The IRR should reflect the degree of risk you’re willing to take. The riskier an investment, the higher the IRR. If you’re purchasing a building that has decreased in valu...