Tucker Cummings
Savings / Cash Building Tips
Just having this thought today on building my cash reserves for investing and wanted to throw the thoughts into BP. I’ve been saving my personal cash reserves for a while so I could buy my own properties and BRRRR/fli...
Salley Smith
Good Deal on Lender Credit?
I am buying an REO HUD home for 210,000 with 10,000 (5% down) on a conventional renovation loan. My lender told me I would receive a lender credit of $1,250 at 4.375% vs. no lender credit at 4.25%. I went with the len...
Vincent Gable
closed my first commercial deal on a 8 unit
Hello everyone, i havent been very active on the forums because i've been working to close my first commercial deal. I guess i'll start off talking about where i was and move into talking about this new deal. I found ...
Ronda R.
What am I missing? Lease with option?
I purchased a house that a friend is moving into and plans to purchase. He will be renting from me until he purchases. The house needs work and normally I rehab before I rent but he is one of the contractors that help...
Zaki Naveed
Legal advice regarding issues with a contractor
Hi,
This my first time using the biggerpockets website. I just started my real estate journey and bought my first house that my wife and I, and our 1 year old were planning on moving into 3 weeks ago. We were getting...
Thresa Chang
Advice for how to put my brother to move out of my house
My brother moved in with me (7-years ago) in the middle of his divorce. My mother told me that he will buy his own house after divorce final. After 3-4 years, divorce was final and he got 2-million dollars. He has inv...
Erik Carlson
To pull the 401k or not to pull the 401k
Has anyone pulled their 401k out (not borrowed) to purchase an investment property? After paying the taxes and penalty, we’re the returns still better or worse than leaving in a 401k? This seems to be dependent on a...
Ronny Crawford
Legal Advice on Change Orders
Hello fellow BP community!Does anyone have any experience and advice regarding Change Orders that were completed prior to and without approval from the Owner?I recently received two rather large change orders on a fli...
Christopher Ferrouge
Q: Owners of occupied triplex seek acreage out-of-state via 1031
Hello Fin-savvy friends! I'll keep this concise because it's complicated (I don't understand it... questions below). Circumstance: Wife and I live in 1 of 3 units within an Oakland CA triplex purchased in 2010. We w...
Janelle Mcleod
Way to Many Code Violations (Georgia)
Howdy BP friends,I found 4 properties today (while driving home) and all four properties have a notice posted to the door "Final Notice of Violation by Code Enforcement" etc... etc.(Forgive me. Still new and still lea...