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Results (10000)
Account Closed Wholesaling a House to Buyer Who Needs Bank Finanicing
8 November 2014 | 2 replies

I have some ideas but i would like to know how you wholesalers would handle a situation where your buyer needs bank financing instead of dealing with a buyer who has the cash on hand?

Frankie Renaldi Property Management Protocol For Coin Laundry
14 April 2023 | 11 replies

Hello BP World,Having a debate right now about common protocol.  My wife and I are RE Brokers (37 years combined in the business), investors, and now own a PM company.  We are taking on a client group that has some bu...

Mark Nolan Can't Charge Application Fee in MA. Options?
16 May 2017 | 18 replies

Hi all!So in Massachusetts it's against the law to charge an application fee or to charge a prospective tenant a fee for a credit check.So...What do you do?  I really like SmartMove, but I can't say I'm interested in ...

Gregg Truex Can a DSCR loan refinance another DSCR loan to gain equity or a lower interest rate
2 March 2023 | 28 replies

I am getting a DSCR loan to buy a STR. My question is if the first DSCR loan is 9% and 5 years from now the rates drop to some lower rate like 6% can I get a new DSCR loan at the 6% rate to replace the higher DSCR 9% ...

James Brisson Current Cash out refi costs and rates … HELP
9 May 2024 | 5 replies

Hey all, so I’m currently in the process of doing a cash out refi on one of the triplex’s I own in Fitchburg, Ma. I have a rate of 3.75% Current PITI is 2180 and other expenses monthly are roughly $200. Gross rents ar...

Alex Tobias Have you come across rental license fees often?
27 February 2018 | 6 replies

Where you pay the city to inspect units so you have the privilege of fixing them :p

Marie Rufty How to obtain financing under 75K
15 November 2021 | 3 replies

Good morning Bigger Pockets friends!
I am looking into purchasing an STR beach condo and am looking at properties between 60k and 100K. I spoke with my lender this morning and he advised that conventional mortgages m...

Matt Nico Contractor performed work without a signed contract. Pay?
18 July 2020 | 6 replies

Hey everyone,
I'll be brief. I recently had a General contractor come see a project of mine for work. Scope included building a couple walls, some light plumbing work, and a high voltage electrical wire for a dryer. ...

Javier Perez Financing upfront vs Equity/Heloc acquiring new properties
19 October 2018 | 10 replies

Hi Everyone,

So I'm trying to work on a strategy in acquiring more rental properties.

I currently have aprox $300,000 in cash saved up to use towards rental properties purchase.

What I had thought was to initially...

Arthur Banks How do you handle multiple applications for one unit?
27 June 2018 | 18 replies

I'm not sure of the proper procedures for processing (say that 3x's fast) applications. I received an app 5/30 and another today 6/3. The first applicant said she could have the hold fee 6/6. I still have to do my due...