Sean Salandy
Burning Bridges With Banks After Refinancing?
I am planning to purchase rental properties by using a HELOC on my primary for the down payment. The goal is to then refinance the new rental property after about 6 months then rinse and repeat. My question is, would...
Derek Francisco
FHA House Hacking & Using a Credit Card to Save for Down Payment
Hi All,This is my first post. I have set a goal to buy my first house by the end of the year, preferably by the end of the Summer. I have good credit and a credit card with a relatively high limit. I'm already pre-app...
Ram Srinivasan
Process in Canada
Hi Canadian BPsFor Judicial sale Foreclosures (I am in Alberta), can anyone advise step by step on how the foreclosure process works? Even if you can direct me to some trustworthy links, I would appreciate it!Thanks,Ram
Ryan Collins
Maintaining Credit While Using the BRRRR Method
So I threw the idea out to my father about BRRR'ing out his home to get a jumpstart with his investing career. He's got a very nice home in a Cleveland suburb that he owes roughly $55k on and it would appraise probabl...
Kyle Rice
Should I evict or ride it out?
I have a tenant who I probably should've evicted a long time ago. Brief history: this tenant is the HR lady at my workplace and I originally broke my own rules by allowing her to have a pet and pay the security's depo...
Ruth Lyons
Do you buy title insurance policy on quick flip properties?
Looking for input from the bigger pockets family. I am closing on a flip next Friday. It 's a wholesale deal/assignment contract. The home has been owned by the same couple for over 25 years. A title policy will cost ...
Drey S.
Tenant with LOADS of Medical School Debt (payments deferred)
Hi there,We are currently screening for a 2/2.5 condo in Newport Beach at $2795 and I'm wondering about the co-signer on the property. Is it normal for a young Orthodontist to pull 20k/month but have almost 700k in st...
Sarah Lewis
Two months security deposit, too much?
Should I start charging two months rent, the maximum legal amount in California, for the security deposit before a tenant moves in? Or, will that be too much and scare off potential tenants?Previously, I've always ask...
Filmon Michael
Collecting irst and last month rent PLUS 2 month security deposit
A high risk tenant wants to rent my property in Columbus, OH. He is willing to pay first and last month as well as two month security deposit all upfront. I am comfortable with the upfront payment but not sure this is...
Gregg Alexander
Lets Talk Lease Option
Hey BP world i'm trying to wrap my head around the strategy of lease option, would anybody be so kind to role play it with me. ill be the distressed seller and you be my fairy real estate investor{..Ring Ring}Investor...