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I have a client who's retired on social security with $1400 a month. He has a $250 mortgage payment on his current home. But not really any other debt, drives an old toyota, that type of guy. If they wanted to purchas...
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We are in escrow and we paid our mortgage lender for an appraisal but the appraisal had no analysis, only photos, this doesn’t offer any information, only a subjective visual report, correct? The mortgage lender said ...
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Hello Bigger Pockets family. Incredibly happy to be here. I'm a single dad and devoted father, been in the contracting business for 10+ years and have recently made the transition into REI. I'm based out of Hampton Ro...
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Hi All,
I'm down to 2 prospective tenants for my first rental and was
wondering if anyone had any experiences with co-signers? One prospective
tenant has a decent income and is keeping under the "30% of your inco...
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Hello BP Community,
We have a condo for rent that's not available for about a month. I went ahead and posted on Zillow and started marketing given we're 30 days out. It's in great condition, desirable area and I'm co...
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Hi there, We are selling out rental SFH in Bellevue, WA to a builder. We are under a contract and closing is scheduled for Feb 2023. Does anyone know if a bank or credit union will be willing to open a HELOC knowing t...
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I've only used conventional financing for small multifamily. Looking to buy single family homes in higher volume, price range around 60-80K, but this isn't feasible conventional due to closing costs and QM's. What typ...
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I'm considering the purchase of an old 30k+ square foot school building built in the mid-1940's. What contingencies should I place in my offer? Asbestos, lead paint, a sound structure & roof, .... anything else?
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I made a solid offer on my first fixer upper SF house in Bremerton, WA today. It's an REO reverse mortgage foreclosure and my agent had to do a bit of convincing to the listing agent that the private money from Patch ...
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I have found a 4 bed/ 2.5 bath from a "For sale by owner". The property has a walk out basement, Generator, option for first floor laundry and the HVAC and Water heater are about ten years old (house is about 45 Years...