Hello everyone! I was curious, has anyone used a collections agency or attorney to collect rents from a tenant that was evicted? If so, which do you prefer, attorney or collections agency? How do you go about selec...
Hi All, I have a little bit of a tricky situation here and would appreciate any feedback or suggestions. I have a duplex (top and bottom unit) with a single water meter. Each unit has only one tenant in it. The normal...
If I have large amounts of capital in taxable stocks, what is the best way to put that to work for me?I am 33 years old, in the military and will be purchasing my first house around May. This will be the house my fam...
I'm always trying to think of new and creative financing options. One has just occurred to me, and I'm curious if anyone is doing it.Using credit cards for financing can be expensive, even when going through a service...
When investors buy pre-foreclosures by making back payments, where does one get the money to make the back payments? Are pre-foreclosures bought using subject to or lease option? Gurus who teach pre-foreclosure invest...
Hey everyone, I have been saving to buy my first multifamily home. Initially I wanted to do the 203K FHA loan, buy and fix and gain instant equity. But recently my Son needed a procedure done which used up all of our ...
Hi. I'm in the process of looking at buying 8 condo units, considered commercial since it's over 4. Bank has quoted me terms of 25 or 30% down payment , 20 or 25 years amortization and 5.25% interest. Wondering if thi...
Hello,
My fiance's mother is self employed where her income has reduced by more than 50% due to Covid regulations in our state. The loan went into forbearance in April and now the bank has offered 3 options:
1. Sho...
Current cash position is still a bit low. Newbie question, but continue to save or look at other options like a home equity loan or heloc to get started sooned? Plenty of equity in the primary.
Hi :) We're just getting started in Peoria, Illinois.Really enjoying the podcasts, and making excellent use of the Bigger Pockets Calculators (and loving it! :) ).
We have a question about finance that we'd love som...