I lived in a unit while I rehabbed it. Electric stove/oven was not new but in good working order. Tenants in two weeks and say oven is not working. I sent out a repairman who checked burners, oven and broiler and all ...
Hi everyone,Is it possible for a new investor (with no experience and have no job) to get a business credit line? The only thing I can show is the money I have in my checking account. I am planning to use BRRRR strate...
Hey biggerpockets community. I am in the Denver market. I have just purchased my 3rd home. 1st home I've owned since 2009. 2nd home I purchased at the end of 2019. My 3rd home is my primary residence. Advice on strate...
Did some driving for dollars and came across the house below. It looks a lot worse than the picture below. This is probably an older picture from google street view. Please bear with me, I'm a newer investor and wante...
Trying to structure the purchase of a property at favorable terms for the seller in order to negotiate a lower price.
Property: 2 unit for $300,000 (property is worth $350k)
Seller Initially Bought it for $100,000 y...
Note: No drug dealing, only legitimate real estate. This CAN be $2mm in equity.
http://www.sltrib.com/business/ci_13000561
I need your thoughts here. Who or what does this help? Do we next start buying directly from the govt? Will the good banks be lending on better terms and rates? Do we just ...
We purchased a rental house that has a capped natural gas line sticking out of the floor along one of the walls in the kitchen. Our contractor said it's too hard to get underneath it to pull it down below the floor an...
I keep seeing posts where sellers are listing their portfolios and (for discussion purposes) am wondering if buying a 2 - 4plex (8 units on separate lots) portfolio is considered a commercial loan or conventional? How...
Can you take out a HELOC on a sub to deal after buying it and use it to finance rehab costs?