Hi All, I need another opinion/clarity about my closing costs. Home is a multifamily for $380k, conventional loan, bought 1 point and interest is 6.125. Initial closing cost estimate was $13.5k. Just received disclosu...

Can you use private lenders for rental use or is that only for flipping?

I'm about to start a rehab project and I was wondering what other BPers thoughts and experiences where when it comes to alarm systems? I was thinking about simplisafe alarm system? What are your thoughts and with con...

HI, I am buying a house for rent, a little old and I need to rehab it. it has 4 bedrooms and 1 and 3/4 bathrooms with medium size living room. Does it make sense to make it three bedrooms (same size) but expand the li...

It seems every time I post a rental I always have several people telling me they are looking to rent for 3-6 months while a house is being built.  They are always super eager and have been turned down by everyone else...

Hi all,As you all know, being an agent in this industry "holds us to a higher standard", even for our own deals. Is anyone a current Broker in Charge in NC, and do you think switching to this role changes how you hand...

Hi everyone,I bought a condo in San Diego just over two years ago as an investment.  Long story short we just received our second supplemental HOA bill in two years time, this one being around 150$.  Is there a websit...

I would like a contractor to do some tree work on my first rental next week.  The quote is $1900 cash or check.  I just learned about filling out a form 1099 for contractor payments of over $600.  It looks like I can ...

So I did some searching and could not find any threads about this. Maybe I was searching the wrong words. Has anyone added storage units to their apartment buildings? Such as in extra space near the parking lot, or ag...

I am struggling with understanding how using a HELOC for a down payment on my next property is any different than financing 100%?I realize how a heloc works and the advantage is using accrued equity instead of cash sa...