Mark Scheffler
New Member from San Diego
Hello, My name is Mark and I am a member of the Navy stationed in San Diego.I am 27, I have no prior experience in real estate, and I am in the process of educating myself on the subject using the resources at BP. I a...
Bailey Mason
Should I get an attorney?
Hello All!I'm acquiring my first duplex, and trying to get all things in order, starting with a good lease agreement to include all things i want. I'm looking for advice on getting an attorney? Do you recommend I ge...
Carlos Rodrigues
Cash out refi with no existing mortgage
Good evening Biggerpockets!I'm seeking help to pull out money from a few properties I own.1)Theres no mortgage on this one property and both units are fully rented out.I want to take out as much as I can with a HELOC....
Jason Miller
Are you ready for a government shutdown?
This is not a political topic. Many tenants are military or government workers whose paychecks may be delayed. This could have a very obvious affect on landlords.
The longest shutdown was in 1995 and lasted...
Sundar Velayutham
Primary residence to rental - mortgage advice
Hi all, I need some advice on the kind of mortgage that is best for my primary home now that will become a rental in 6 months. I currently have a 15 year mortgage at 1.875%. I plan to keep this property and not sell f...
John Stevenson
Stay away from adjustable rate mortgages.
Investing is about leverage. Leverage is about stability. If the rate on the loan adjusts annually, you can be pretty sure the rate will adjust up. Take a look at how just two percentage points can change your payment...
Ken Vogel
considering turn key type property
Hello folks, I'm looking for my first property. I have some reservations of doing major rehabs but could do minor rehab without hesitancy. Ive basically only been shown or looked into turnkey or very close to turn-k...
Gori Tronx
Is this a fraudulent scenario
My friend purchased a single family property about 2 years ago with a FHA mortgage on it.
After about 6 months he had an emergency and had to leave the country for good. He had asked me if I could take care o...
Jacqueline Mims
Owner Financing from the seller's side
Hi all,
My husband and I are in a position to offer our first owner financing deal! School me on any experience you've had as far as terms and conditions go to help us structure a deal where our bases are ...
Mario Arnone
ADU's in New Jersey | When are they Legal?
Hi All:
I think the ability to have an ADU on your rental property could be a great way to find positive cashflow on a rental that would be negative otherwise. I am a displaced restaurant owner without income. I'm cu...