Is there an allotted time that must pass after a cash purchase of property to finance out into a traditional loan? My lender is saying 6 months and I don't feel this is accurate. I dislike having that much capital ...
Hi all, I am refi'ing a new remodelled acquisition with conventional mortgage and I just heard about the limitations of delayed financing exception. It seems like I can only take out as much as the purchase price. The...
Planning to sell a 4plex near downtown San Diego, CA... hopefully with OF (wrap loan). Still doing research to learn the ins and outs of such a deal. Hoping to hear from people who know how to structure such a deal, w...
Hi BP community. I bought a 3-unit with cash borrowed from a friend at 4.5%. I wanted to implement the BRRR strategy right away. I bought the property at 60 cents on the dollar. I sought a cash out refi from my local ...
One of the most common frustrations when choosing a real estate savvy CPA is not knowing how to tell whether he knows his stuff. Here're some sample questions to test his technical competence, in any order:
We're mak...
Hi all! I am still fairly new to the Bigger Pockets community (although created one post before) and I started looking into House Hacking.Little background: I've been working for 2 years now and wanted to start my rea...
We're looking to take on a property manager. I've been through their contract. Everything looks good except for this clause. Its basically saying well come to the PMs legal defense for any screw up they make (excep...
I've run into an interesting situation in trying to buy an REO property and wanted feedback to see if anyone has experienced something similar, knows what happens next, or can offer any kind of guidance on how to land...
I have a rental propert located in Nj. and I am in the eviction process with a tenant. I do not have their security deposit in a separate account and they just sent me a letter a few days before the court hearing tell...
What app do you like to use for tracking your time? I started using "Atto" a few days ago for 2023 material participation logging and I like that it has a big red/green start/stop button. What I don't like is that the...