Jesse Doschadis
Second Home Loan for Building
Hello, I am looking for the best financing options for a second home which intend to buy land and then build. I am not an expert in this area but I'm thinking I could possibly use my HELOC for the land and get a const...
Brian W.
Hello from California
Hello all, my wife and I are new here. We own two properties here in CA and are looking forward to learning from the experts here. Thanks for having us.
Jim Froehlich
"Good" Deals Hard to Find; Funding is "Easy" - or NOT!
BP Experts, First of all, please remember that "referrals for lenders or loans must be placed in the BP Marketplace"...so don't reply with that here. However, since I've been doing part-time real estate investing th...
Conrad Cortes
due on sale increase?
I know right now this assuming mortages is getting popular and I understand why it's appealing. I'm not a fan of encouraging it when there is a possibility of a due on sale though. This led to me thinking about the li...
Errand P Braithwaite
Is this cause for concern 8 months rent
So I have an applicant who says she will pay 8 months rent upfront to get the house. It sounds a bit of like overcompensation to me. Is it a normal thing, and what is usually the reason tenants want to do this?
Dustin Beam
Skipping last month's rent
Is this a common occurance in your experience? I know it happens, going through my first time now.Of course I traded some texts, and said I'd prefer to not go the legal route, but she wasn't going to pay so now we are...
Franklin McGuire
How to specify penalties for breaking lease on lease agreement?
Hi all, I'm new to property management and trying to get a lease signed for the first property I've picked up to manage. I'm in Charleston, SC and am using this residential lease agreement. My question is: I see on he...
Tabb Pitt
How to find my seller-financing bottom line
Hey BP friends! I am considering selling my STR SFH (3/2 + 2/1 guesthouse) property and open to seller-financing but I'm hoping one of you experts out there can help me take the right perspective. I owe $600k on a $67...
Sharad M.
Accounting for multiple LLCs?
Hello all,
I wanted to see how you guys are dealing with accounting issues of owning multiple LLCs? Do you have a separate bank account for each LLC you own? Or you have a main bank account for the primary LLC and us...
Rada Vassil
2014 and 2015 Income Tax Brackets
Here are the income tax brackets for 2014 and 2015 (from Bankrate). The same six tax rates still apply, but the income that falls into each in 2015 is adjusted for inflation.http://www.biggerpockets.com/blogs/5881/blo...