When looking to acquire funding sources for residential rehabs, would obtaining a commercial hard money loan be suitable for this type of endeavor?
Aloha BP!I've read this statement a few times but am unsure what it means. So what does a "landlord friendly" state mean? Are there tax advantages or less expenses to pay in those states than others? Would anyone have...
I bought three rentals in 2007 in the Sacramento area..C class area. Purchased for 175 each owe approximately 100,000 on each. Interest rate of 4.5 -5% 30 year. Each one is worth approximately 300-320 if I put appro...
Hi BP familyI'm getting ready to close on my first income property with Wells Fargo. Closing cost are $2792. Wells Fargo is also adding another $3709 in "other closing" cost for a total of $6501. The other cost inc...
Hi Everyone,I'm not sure if I picked the right forum but here is my scenario and hopefully someone can assist us: Me and my wife are trying to refinance our main property in order to cash out $50,000 from our equity. ...
I can't seem to figure out how to search the biggerpockets forums. If someone else had already covered this question elsewhere I was unable to locate it.It had only been a few days since I began learning about real es...
Hi, I have an upcoming unit that will be available. My current tenant is saying her son wants to rent one of my units to be closer with their kids. The current tenant says their son's credit score is really low becaus...
Hey Everyone,
I am very new to all of this and I had never heard of a subject to aka sub-to before. I really do not understand it at all!! If someone could simply tell me how it works, what it accomplishes, etc. I ...
Hello BiggerPockets Community,
I hope this post finds you all well. I am reaching out for some valuable insights and advice regarding an opportunity that has come my way, and your collective wisdom could make a signi...
We are selling a REO house we bought 5 months ago. As we going through the closing process, the title company found out that there was a loan that was taken out by previous owner that was never paid off. The loan wa...