Alex Chennault
HELOC soon after purchase with FHA 203k loan - is it possible?
I'm considering making a fixer upper home purchase using an FHA 203k loan type to leverage a 3.5% downpayment. The rough details are:
• Purchase price: $320,000• Close date: 5/30/22• Est. reno costs: $105,000• Reno c...
Chance Love
Can a HELOC be used on a future primary home as a down payment?
I've lived in my primary home for 10+ years that has a great amount of equity and I'm considering doing a HELOC and turning my current primary home into a rental which will produce great monthly cash flow based on the...
Caleb LaBelle
Medium Term Rental Tenant Situation
My tenant started a 70 day stay beginning April 29th. She is here in Denver because she is getting special stem-cell treatment for a rare disease that she has and needs to be near the hospital for ongoing appointments...
Malik R.
Expenses of repairs/upgrades between tenants
I have a rental property in a different state. How do you treat maintenance/upgrade work done between tenants? My tenant of 5 years has just vacated and there is much work involved such as:1- Replacing carpets2- Paint...
David Zheng
Who did you hire first? How do you start a management company???
Hi All, I am finishing up my first year of real estate investing with buy and holds. I'll be at 10 units and over 30 tenants so I know things will get hectic especially with me being in a full time job. My question fo...
Julio Gonzalez
BiggerPockets - Tips on How to Avoid an IRS Audit
When most of us think of having the IRS audit us, we get anxious. Audits can be very expensive, invasive and ultimately time consuming. Some audits are inevitable. However, there are multiple preventative measures tha...
Min Zhang
Essential 10 Pointers for Your Real Estate Adventure: For First Timers
Hello Everyone! I have been getting newer and younger investors rising today. I can say most of them were really prepared and some are still lost and unsure on what they need to be equipped to start their investor jou...
Douglas Bennett
Podcast info I learned here first
recently heard of someone purchasing through foreclosure. And there are some unknowns involved with that. Are tenants still in it? If so you don’t know the whole situation of the rehab. Is the electric cut off? You...
Marvin Anaya
Unlimited FHA Financing
Hello BPers!If I change jobs every 12-18 months, acquiring a new job in a different state, can I keep taking out an FHA loan every 1- 1.5 years ? HUD:We do not object to homebuyers using FHA mortgage insurance more th...
Nolan Sanburn
Multiple Property Managers
Hey guys, thank you in advance for your insight and education. I currently have 9 rental properties but also I play professional baseball with the Chicago White Sox, so I am constantly out of the state and rarely am a...