I've read Fannie Mae guideline on this, but am recently confused after speaking with a few lenders. According to the DFE on Cash Out Refi, if a property is purchased in cash;1.) 6 month seasoning period is not require...
We will usually get 1 or 2 projects a day from sponsors or brokers asking whether we can get their construction projects financed.We usually subject the project to a quick quantitative analysis to determine whether we...
My lender sent me the itemized monthly mortgage payments I'll be making. Along with the principle and interest are two items I had questions about:1) Hazard Insurance - does this go away once I'm covered by my own lan...
Hi Every Just a quick question does anyone set-up their renters on a one year lease where they pay weekly instead of monthly. I'm looking at a property where they have done this and they told me they make more that w...
Hello everyone, I would appreciate some feedback / suggestions:Tenant wants to make rent payments bi-monthly. Current lease states rent of $1775 due on the 1st. They want to pay $887.50 on 1st and 15th. They said they...
Hello Bigger Pockets investors. I am interested in purchasing some properties in my local market via seller financing. I have not done this before. How are these type deals “typically structured”? Or how have any of t...
If you knew what you know about real estate investing, what would you have done differently when you first began? What mistakes did you make early in your career?
I am a college student interested in real estate inv...
I purchased by first rental property in Oct. 2014. I inherited one of my tenants, she still continues to live there. She is currently paying $815 a month. I believe that this unit is under rented and I could be mak...
Hello. I have a question. I have a client who’s looking for a 2 or 3 bedroom home to rent in the Metro Atlanta, Georgia area. She’s looking to purchase but wants to wait it out for a while to see how the market goes. ...
Ready to invest in rental property in upstate ny, but I am having a hard time finding a bank willing to mortgage the property. Any suggestions/ advice? did anyone experience this? if so, how did you overcome this obst...