Murlie Keller
Standing water in HOA sewer Main
My nightmare began when a recent tenant failed to notify me of water damage. I discovered wet moldy carpet in the basement. Subsequent scoping of the main line (and multitudinous other testing) revealed 17 feet of...
Rick L.
Line of Credit?
A close friend of mine in the banking industry has pointed out that I should open a line of credit using a recent appraisal of a property I had refinanced demonstrating considerable equity. He's stated I would be ...
Kevin Gonsalves
Equity what to do with it!?
Hey, so I’m new in the game and was wondering your opinion on a few things. First, I have about 250k in equity from my primary residence. I want to get into the game of investing. Should I be trying to buy a 3 or 4 pl...
Stephen Brown
Numbers vs. Quality Properties
Hello Biggerpockets,
I often see many investors buying these older and cheaper properties because they cash flow nicely. I think as a buy and hold investment it makes sense but in the end with all the repairs and cap...
Ron B.
I need help figuring out if numbers make sense Multiunit purchase
I'm looking into buying a multi unit building. I have a couple lined up and wanted to know with zero down and a 30 year loan or any other ways to finance it with zero down are possible and still have a $75+ income eac...
Courtney Kimbrough
Refinancing Lease Purchase Agreement
I was wondering if anyone has ever refinanced a lease purchase agreement. I normally do subject to and then immediately wrap the mortgage. Thankfully my last deals numbers did not pan out. I was forced to do a lease p...
Ricardo Funk Hernandez
Trying to come out with a business model (Rental income)
I currently own a couple of properties and I have this idea to look for potential investors and create an actual business. I'm located in Central Florida.First of all, the idea is to buy properties and use them as ren...
Starr Ango
What do YOU think of my strategy???
I am doing my business plan and would like to know what you think about my strategy for getting our first 3 real estate properties.We would like to move in to a multi family ( we would rent out the other side, so we ...
Kelvin J.
Loan strategy problem. Which option sets me up for more deals?
Hi all.I just sold my condo and am aiming to buy 4 rental properties in the next 12 months using the proceeds. My problem is my DTI as my pay is pretty horrible, and I'm struggling to see a way through. I don't have e...
Pete Galyon
WHO ELSE has is seeing amazing returns in there areas??
Over the past 6 months, I've seen a "SIGNIFICANT" increase in ROI and REALLY BIG equity gains in the areas I serve and buy, due to the epic buyer's market we are in. I'd like to know where the other really big markets...