Margie Pierce
Initiation fee for condo HOA
I was looking into buying a condo in the Island West development in Davenport. HOA is reasonable at ~$200, there is a small pool and gym, etc., but I just learned that I have to pay a "HOA Initiation fee" of $5k. Thi...
Justin Wright
CPAs and Financial Advisors
I’m an active duty military investor just starting out. We just purchased a SFH at our next duty station that we intend to live in then rent. I’ve got big plans and strategies for the future and my journey to financ...
Michael Dunn
No-Seasoning Cashout-refi .... Confused
There is something that I am confused about , and that is the following ...... " The New Loan amount must NOT be more than the borrower's initial investment in purchasing the home + you can finance the Closing Costs ...
Chris Koeppel
Traditional funding seasoning timeframes to refinance a hard money Buy-an-Hold purchase?
Hi all,Situation: Evaluating a contracted $70k (ARV $120k) 3/2/2 SFR for a Buy-an-Hold rental at 1100/month, and with hard money lending at 15% (6 month term). With this temporary funding it is going to be break-even...
Nicholas Carelli
Looking for Quick and Flexible Refinancing Options
Hello,Does anyone know of a specific bank or financial institution that offers quick and flexible refinancing options? I am just starting an investment company with some partners in which we plan to use the BRRRR Mode...
David Arrowood
Investing not just working
Hello,I'm new to biggerpockets but I have read many articles from biggerpockets and other similar forums. I am not experienced in real estate, but I have some experience in building through family members that are in ...
Brandon Brinn
Who should I meet up with first to help setup business
Hey everyone, first post here and I am fairly new so I apologize if my question seems dumb. My partner and I who are going into business together are in the process of getting our funds together. He already has his an...
Account Closed
Value Add Renovation Tips
I am looking for some funding tips for the renovation of a newly acquired apartment building. Is the best practice to take another loan, bring in more partners etc?
Will Barnard
Use professionals or save the $?
What is everyone's thought on the initial expendature of funds on propfessional services such as financial planners, attorneys, CPAs, etc. Do you foot the bill upfront, or go at it alone and hope you don't make a mist...
Isaac S.
PMI Removal - FHA Loan
Hi All, i have a SFR that i purchased about 5 years ago - and per the HUD it says for the PMI/MIP to be removed, i must pay premiums for 5 years and the LTV needs to be at 78%. Now i just hit 5 years, and the home has...