Good morning, BiggerPockets Family.I recently submitted a Residental Purchase Agreement (RPA) with a pre-qual letter from my credit union and FICO scores. The selling agent asked for a Desktop Underwrite (DU), but my ...
Hi Biggerpockets community I have a question.Currently I am reading my first book about real estate (The book on rental property investing). In this book Mr. Turner talks about residential real estates most of the tim...
Hi all,
There's a home I'm interested in renting that I saw on Zillow and reached out to the landlord. She is saying that she needs for me to apply via Zillow (there's a $29 universal credit/background check that can...
I have now been investing in real estate since the pandemic in mid-2020 and have gotten the hang of analyzing deals as well as actually adding SFRs from Memphis, TN to my portfolio. I've kept my first rental since tha...
Greetings,I'm a first-time investor working to go from 0-1 deals! I'm looking at a potential off market deal on FB marketplace. I'm unsure how to identify the property is ligament or fake post. I reached out to an ...
Just recently went under contract for my first investment property. What resources do you use to do background checks and credit checks on individuals and what are the costs associated with these checks? I live very c...
Hi,I've got around $1.5 million in equity in a few properties around Denver, Colorado. Without selling, I want to tap into some of it for investing purposes, but I've got the good old favorite DTI hurdle that's preven...
What are the typical terms for Hard money? I want to get an idea of what the current interest rate is, points, how much I need to put into the deal and how the disbursements work for the rehab. Are there upfront...
Every market has a “sweet spot.” What would you say that is in Indianapolis? I’ve been eyeing duplexes for around $130,000 each side rents for around $750. Do you invest in lower income areas?
Anyone here know any lender (small bank, CU, large bank, no hard lenders) who will lend in individual name less than 15% down for a secondary mortgage (non-primary residence)? We've found SunTrust (ticker symbol: STI,...