Daniel Rudio
Bank wants a 3 month holding period on private funds
I'm about to put a duplex under contract and In order to minimize my initial cash outlay, I am considering financing it through a combination of buyer down payment, private lender loan and a conventional mortgage thro...
Bob Malecki
Subject To question regarding changin insurer
I'm doing my first Subject-To deal and have a signed Purchase & Sale agreement. I'm opening escrow today and will be getting a warranty deed at closing.
On another forum, someone said that the lender on the prim...
Ron Hollingsworth
Hard Money Draw Question
So I've done a few flips using hard money and I'm running into the issue of them sending out their inspector to verify work, however between the time that I sent the lender the SOW (while in escrow) and the time we ac...
Victor Nunez
Cash flow vs appreciation
I’m wondering whether to buy an investment property that will cash flow 1500 a month and my family and I will live in and will appreciate or buy an investment out of state and generate about 3500 month but won’t appr...
Edmund Fontana
What’s the recommendation if you have an S Corp
What are people recommending if you have an S Corp to minimize tax burden and continue to invest in real-estate. SEP IRARoth IRA401KSelf directed IRA / 401k
Jeremy Porter
Turning Challenges into Opportunities with Expert Property Management Strategies
As a property manager, I am well aware of the challenges that arise from dealing with non-paying holdover tenants. This is a complex situation that demands a sensitive approach, a thorough grasp of legalities, and a s...
Sarah King
Indiana Tax & Law Professionals
Hello BiggerPockets,We are looking for some new professionals. We are based in Northern Indiana, and would love any recommendations on Tax and Law professionals that know real estate. We bought our first rental this...
Matthew Reichert
OOS Detroit investors: cert of compliance?
How are you OOS investors with Detroit houses handling the renewal of certificates of compliance? Do the property managers handle this? What about the annual lead inspection?
Bob E.
Fire Insurance and Tax Implications
We recently had a fire at one of our duplexes in Milwaukee. The upstairs tenant started a fire an while there appears to minimal damage to the framing a total rehab looks like it will run @ 110k.
My question, sinc...
Suyog Patel
Please help me understand BRRR strategy!
Hello all,I tried my best to understand the BRRR strategy but not sure if this is right in my situation.
I have a first rental property purchased at 110K with a cash flow of 600. I rehabbed it with additional 15K in ...