Geoffrey Robinson
Cash out refi
Hello Biggerpockets,I have a duplex worth about 375K. I owe about 225K. I am interested in doing a cash-out refi. Do you have any recommendations of lenders with the most competitive rates/terms in Oregon?
Eric S.
What to do with extra 1031 money ???
Question I will have about 22k left over from my 1031 that I will either receive back and pay 15% taxes on. I owned the previous house for more than 1 year so that's why capital gains tax is that much in Ohio accordi...
Elsa M.
Being a newbie landlord
Hi everyone, I'm from Illinois and will be purchasing my first rental property very soon. Where do you guys recommend finding tenants? And what paperwork do I need, as far as lease agreements, applications etc.. And w...
Blake Wight
Lacking Proof of Income/Employment History
Hi, I am 22 and just recently graduated looking to get a house in Orange County, California. Since I was young, I have made money doing side hustles/jobs and have saved since. I now have enough for a down payment and ...
Account Closed
What can the financial statement tell you
As a CPA and an investor, I'm well aware that reviewing financial statements is important. I'm curious what many of you as investors look at when reviewing these statements.
Besides the fact that there may be issue...
Gary Kline
determining basis for depreciation : frmr res. rented in 2015
I bought a lot in Colorado Springs, CO in 1998, had a house built on it in 2000, lived there until 2005 then moved away. Relatives lived there paying below market or no rent until 2014. I rented it out at fair market ...
Peggy Ann Thrower
How does hard money lending work?
I am working on acquiring my first flip. I found a good deal if I can get it. Now I am working on the money. I thought the money was based on the property not you. How do you get a money lender to do business wit...
Elena S.
Triplex Meets 1% Rule - Can't Make it Cash Flow
Hello everyone,
I am a new investor in California and I am looking to acquire rental properties for cash flow. My Realtor sent me this deal, which in theory should cash flow because it meets the 1% rule. It's a tripl...
Sid Siddiqui
Subject to deal - Escrow account question
Hello All, Seeking some experts advice. I have searched through the bigger pockets forms and pod casts and really have not found the answer that I'm looking for. I recently did a subject-to deal and now I'm in the mi...
Justin Michael Johnson
Apartment Complex Financing Options
Apartment investing seems highly profitable. How simple is it to get one financed for a unit over 1M. I understand evaluating the property and making sure it cash flows, but the financing side of the house I still hav...