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Looks like Airbnb hosts will get some relief under the coronavirus stimulus package about to pass Congress.
The current language includes two provisions that could help short-term rental owners that are struggling:
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We just shook hands on a 6-plex deal-- owner financing-- 185K, 37K down at 3.9%, 30 year amortization, 10 year balloon. But he kept saying "land contract," and I didn't ask what he meant (face palm!!). When we got b...
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I have this situation.. My tenant worked for a company paid by Federal government. Since January he has been telling me that due to Sequester his pay is delayed.. And in Late March I was finally told the Government ch...
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Hey BP community! My name is Aymen and I am super excited to be a part of this community and look forward to learning and growing with everyone! Thank you in advance for taking the time to read my post! My goal with t...
Just finishing up David Greene's excellent book on BRRRR, and the whole idea is to refinance after the rehab when your appraisal will be a lot higher (and hopefully you can pull out all of your cash or more). However...
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I have a good friend closing on his first property today, a 4-plex in a lower income area outside of philly, he will be self-managing. I am trying to put together some first steps, but being only part-time myself, wan...
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I do a few owner financed sales a year to owner occupants dodd frank compliantly which means re servicing requirements under DF, if you escrow taxes and insurance DF requires you to use a loan servicer. My view is yo...
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I have been using the https://biggerpockets.mysmartmove.com for several years. and I found that even the smartmove.com claims that benefit is that tenants can get get their credit reports generated without giving ...
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There have been several threads started here by folks asking questions about Unison but no responses from anyone that’s actually used the program. Just closed a deal in Brooklyn representing buyers using the Unison Ho...
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Does anyone have any suggestions on how to purchase a home (1st time homebuyer) using any creative financing techniques or special programs. I am currently getting my credit score as well as my wife's credit score up...