Stanley E.
My Money vs. Their Money
Hello all. I wanted to get your opinion as to whether it is better to get a lona to purchase a property or if it is better to pay cash if I can? What are the pros and cons?
Thanks.
Stanley
Bret Doman
Hard Money is called that for a reason
Hard Money is called that for a reason. It may be easy to borrow, but it is hard to pay back. I hear “speakers” talk about borrowing Private or Hard Money to finance a deal and not to worry because “the property stand...
Marcos Urvina
Should i sell my house?
Hi! Everyone on Biggerpockets,
Im currently thinking of selling my home right now that demand & prices are high. Our family goals have shifted from working, saving, buying a home to investing to get out of debt...
James Morrissey
Tenant Screen Advice
Hey fellow BPers, what is your approach to screening tenants? What are the most important aspects to a tenant's application to you? Attached I have a tenant screening document I wrote out based on episode 6 of Real Es...
Maria Bocanegra
HELP! Newbie unsure whether to SELL or REFI rental pty
I thought I'd see what my BP community has to say as I am quite undecided - so here goes. I have a rental property in the metro area of Denver, CO currently est. value sits at around 200k. Initially, I had planned to...
Jack Tou
Collection agency or attorney for non-paying tenant
Hi all, new to the community here and thanks in advance for any advice. My family got into commercial real estate 2 years ago with a small retail shop. The existing tenant has been a real PITA. We've tried to work wi...
Swaga Deb
Debt to Income Ration Problems?
Hello All,Fairly new investor here and I just finished my first successful BRRR. When I went to refinance I was told my Debt to Income ratio is off and I wasn't able to pull the full 80% out. (That was about a month a...
Luke Henry
Should we pay off our car loan?
Our car loan is 30k. Mo. pymnt $550 w/$77 going to interest. We have 30k saved up to invest after our cash reserves. We are looking for our first rental property/cash flowing asset...Should we pay off the car and star...
Jorge Pimienta
Owner must sale because of death of relative, property is clear
Hello everyone been a member for a while but I am finally thinking of pulling the trigger on my first flip/ and hopefully seller financing. I have a home that a mom passed and her son cannot afford to stay in NJ and w...
Alex Peau
What happens if... (subject-to question)
Helllooo BP,
Hypothetical question.. If I were to purchase a property "subject-to" from a motivated seller and 6 months down the line the original owner wants to purchase another property that he/she will be ...