Bo Robinson.
DTI vs 2nd mortgage.
in the boat now where I've paid enough towards my first home that I feel comfortable in doing a cash out refinance. However since I physically don't make a lot of money on paper my debt to income ratio reflects higher...
Ryan Driscoll
Pricing a rental - separate or combine utilities & estimate cost
Hi all,Just purchased a house - it is an owner occupied 2-family. The house is a converted single family --> two family. I could use help identifying my options for what to do with utilities. This is the current si...
Will Yeung
Landlord obligations regarding fence request
Hello, I have a tenant who is complaining about a neighbor's dog jumping over the chain link fence and scaring his kids in the backyard. He is requesting that I replace the chain link with a taller wood fence. I hav...
Troy Fullwood
Two Financial Worlds Drive our Economy...
There are a lot of mixed signals in all the real estate markets across the US.
Some say the real estate market is crashing, some say it’s not.
I think we can all agree that everyone is seeing changes everywhere.
...
Christopher Corso
Family Friend with Distressed property on Long Island
I have a family friend in dire straights, her husband died a few years ago and her son and her self have some mental issues, they are no longer working and she collects about 500$ in social security. I'm not sure if s...
Trey McGovern
Just getting going
Hi Everyone, My name is Trey McGovern and I am a relatively new Real Estate Broker in Eastern North Carolina. I recently underwent a major career change and decided to become involved in buying and selling real estate...
Henry Liu
Howdy! New Member from sunny Bay Area, CA
Hi Bigger Pockets community,I discovered Bigger Pockets podcast for about a month now and I am listening to them religiously. I am currently on show #73 (very good episode so far). I have very little actual Real Esta...
Jack B.
Maintenance budget credit to equity?
It's commonly accepted that principal pay down is really profit, even if not Cash on Cash, as it is still a credit to your asset column. Why doesn't that logic extend to maintenance dollars budgeted from the rental re...
Carrie Smith
Possible Double Foreclosure Property
I have identified a house about to go up for auction that I am seriously interested in bidding on. In the case documents, the Plaintiff (Ditech Financial) names the deceased owner, the heirs, and AmSouth Bank as the d...
Salomon W.
What are the options for seller financing?
Hello everyone,
I currently have a great deal on the table, the seller is asking $300,000, the value is about $450,000 or more.
The house needs roughly $50,000 in external rehab.
I am currently eligible for a 75% ...