James Kim
basic questions on On-Your-Own homes
Hi all,
Just wondering if anyone has any experience with Own-your-own (OYO) homes? Doesn't seem too different than condominiums other than by legal name and designation.
As all the websites I see talk about "possib...
Josiah Cammer
Looking to Invest in MOJO APP/Dialer
Hey Team,I was curious to hear everyone's thoughts on the APP/ Dialer MOJO. I have heard mixed reviews and I want to know if its worth the investment. I would mostly be using it for the dialer but has anyone used the ...
Justin Youngblood
Unpermitted Addition Thoughts?
Hey BP! Looking for some guidance here...A property I’m interested in buying has an unpermitted addition. The scope of work done was the master bathroom was enlarged to fit a tub. Is this a huge red flag? Would you st...
Chari Gunasekaran
Investment loan as second home loan
Hi BiggerPocketers,
Hope everyone is having a fun-filled holiday season!
I'm in process of closing a rental SFR. And the banker is ready to offer it as a second home loan, which is similar to a primary resident lo...
Mitch Teske
Umbrella insurance policies vs individual LLCs
What are the advantages/disadvantages to owning multiple properties under one LLC with each property having its own umbrella policy compared to owning each property in a separate LLC without any umbrella policies?
Sean Mcmahon
DC investing - house hack
Hey BP! Any DC area investors have experience in the Hillcrest area? I’m looking at a partial house-hack. Its a SFR with a mother-in-law/“English basement”. The basement has a private entrance, two bedrooms, full bath...
Christopher Lombardi
Business loan from Loanbuilder
I keep getting mailings from LoanBuilder, a paypal company. Anyone ever use them or get a loan from them? Just curious to see if it’s worth looking into for extra capital.
Sean Starkey
HELOC...which one do I choose and why?
One lender told me my rate is fixed at 5.6% and I can take out 180k which is 90%LTV. Another lender told me the max he can do is 80% LTV and we can take out 96k on that HELOC and the rate is variable but can be change...
Koo Sharifi
Heloc as down payment for long term rentals
Hi. What do you all think of using heloc plus my own saving as a full cash offer for a property that I am intending to hold for a long time. Have you done this before? What are the pros and cons as opposed to obtainin...
Mark Etterman
Vacation condo rentals
I stayed at a resort where all of the units were privately owned, but they were managed by the resort. I imagine this included reservations, payments and cleaning. Is this the case? What would be the fee of something ...