Jon Peterson
Experience with buying "Occupied" homes from Auction sites?
Hello community!I am wondering if anyone has bought any Occupied properties from auction sites recently. Hudson and Marshall, Auction.com, Hubzu, all seem to be selling a lot of homes that have just been foreclosed on...
Eric Healy
Why are morgage rates up?
Can someone explain why morgage rates are increasing despite the Fed drop to 0%?
Zack Clopper
Cash out Refinance with home appraised >$50k
Hi All,Looking to buy my first investment property in PA and was looking to fund the deal with a Unsecured Personal Loan around 8.50-9.25% interest and the property is 40k. I was going to offer 25k cash and 2 week clo...
Hok Lai
why Listing agent asked for proof of fund for higher downpayment%
Hi all,For an apartment building thta i am bidding on, my commercial loan broker suggested that I can get a loan with 25% down payment. After submitted the bid, the listing agent asked for proof of fund for 35% down p...
Fernando Rojas
Possible Rent Increase
Hi everyone! I have a tenant for 3 years. No kids. No pets. She has really been great! She pays on time and has kept the unit clean. She recently got into a serious relationship and is now considering moving her boyfr...
Chris Hamrick
50K to invest
Hey everyone. It's been a while since I've posted. But I have gotten 50K using OPM to invest. I can't get financing so I was trying to figure out what to invest in.
I'm excited while at the same time nervous because...
Ryan Windus
Loan Assumptions in High Debt Cost Markets
Given the current capital markets and high interest rates, I wanted to share a quick breakdown of what owners should consider when doing loan assumptions as a strategy to get lower cost debt.
While loan assumptions ...
Ronald Morris
Looking for advice on what to do with large gift we revieved.
Hi Everyone,
I just wanted to get everyone's opinion on my and my family's property situation. We own no properties but had planned on buying a few this year. We recently were gifted a house that we cannot use as a r...
Andrea Thurau
New property owner with month to month tenant
Hello Bigger Pockets!I have a sticky situation and I am hoping to get some advice. I recently just went under contact for a triplex in the Cleveland area. The front unit is a three bedroom 1.5 bath and I plan on livin...
Jason Merchey
Simple Question about Rent Increases vs. Inflation
I don't think I know the answer to this question. SOmeone help me out: if you assume that you can raise rents 3% a year on your projection, should you be assuming that a) you will see 1-10% increases in insurance, ...