Hi everyone, I just bought a 10,000 sf Warehouse building from a distressed owner and would like to try something out. I did some renovations to it and brought some highly qualified new tenants that pay a lot more tha...
Hello Bigger Pockets Community,I am going to start renting a unit in the near future and I'm wondering if there's anything I can do to help get a tenant to sign a two year lease, and or establish an auto-debit to make...
I am looking to sell 2 properties right now - both located in Northern Los Angeles (specifically Thousand Oaks). I am most likely going have friend of mine as my listing agent to sell both homes. I have 2 questions:...
How does a cash-out-refinance work? Is it pretty much the same as a equity loan? What’s is the interest rate on a cash-out-refinance?
Arthur Voskanyan
The average rate for a 30-year fixed mortgage fell to the lowest in almost five decades of data, Freddie Mac said in a statement Thursday The new average interest rate on a 30-year fixed-rate mortgage broke below 3% t...
Does anyone have any good resources for determining the best method for structuring a deal to purchase a single family house. I have a decent understanding of flipping, wholesaling, lease option, sub2. But looking f...
Hi all,I have an offer out for a 2-unit property that comes w/ a tenant who is paying 1/3 of market rent. The sale is contingent upon keeping the tenant who is related to the owner. She appears to be in her 80s and di...
Hi, I am planning to do cash-out finance for my rental properties (purchased in cash). I just asked one lender and the rate (30yr conventional) seems pretty high - 4.5% with 0.75% discount (cost charged in closing, I ...
As a general contractor here in the Chicago area. I want my fellow investors to remember when hiring a general contractor, included in the costs of completing your project he/she will charge overhead and profit. So fo...
I apologize for the long post to come.
I'm currently under contract for a triplex in my hometown, where I reside. This is not a common occurrence. The seller has own the property for the past 15 years, and has done...