Jacob McCann
Need advice on first real-estate purchase
I'm looking to buy a SFH that is outdated and needs minimal renovations. I plan to live in it for a couple of years then rent it out. My question is really on what kind of mortgage I should go with. FHA sounds real ni...
Carin Moore
Raising capital for subsequent house purchase to rent primary rez
My husband and I would like to purchase a new primary residence and rent out the home we currently own in Woodinville (Seattle area suburb) as an entree into real estate investment. Is there a way to leverage equity f...
Eugene Lavatman
Fastest AND cheapest ways to accept payments from tenants
Hello BiggerPockets community, we have been accepting payments from tenants using Zelle, Venmo and Paypal. Zelle and Venmo requires tenants to have an American bank account. We can receive the payment INSTANTLY and F...
Scott K.
How to handle a tenant who is using their security deposit as a last month's rent
Hi all, we have two tenants (I'll call them Jane and Alice ) on a 1-year lease which began in December.They did several things to violate our lease agreement which included 1) bringing in a 3rd tenant without telling ...
Terry Warren
Calculating Loan Fees
I'm interested in a property. The purchase price is around 30K, construction cost is 50K, ARV is 160-180K. Total loan amount 80K. What will be my out of pocket expense? E.g., closing costs, monthly rate, points, etc...
Theresa Reynolds
Shop to house conversion
Have my eye on a 2 lot package in a desirable area.On lot had a mobile home which has been removed but there is a cement pad still. The other lot has a CMU garage/shop on it. My plan is to turn the shop into a house.I...
Stephanie Cabral
Temp Subject To...to refi and get cash out?
Hey BPers...I'm looking at a multifamily in a C neighborhood where the owner owes 75k monthly PITI is $975 (at 5.85%) and she wants O-U-T. ARV is $135k-$145k and it needs about $14k to make it rentable and another $6k...
Anthony Benjamin
Newbie: Buying a property for the equity
Hi Guys,I am very interested to start investing in real estate. After trying to get my education first by reading Real Estate articles, hearing a lot of Bigger Pockets’ podcasts, blogs and a couple of Rich Dad’s audi...
Wali Rahman
Need Your Advice Please!!!
Hello everyone, hope you are all safe and well. I got a question that I wanted to get peoples thoughts on and would greatly appreciate your ideas, opinions and advice:Quick background of what I got going on. My wife a...
Chris Locke
Help deciding between cash flow or apperception on two deals I am considering
I am in a bit of a quandary. I am looking to expand my portfolio and wondering what my next steps should be. I have two options and hoping to get others perspectives. It basically comes down to cash flow vs appreciati...