Sam Zawatsky
Economical lease agreement and rent collection
I have a property that I purchased 2 weeks ago, and it is most economical for me right now to allow the current tenants to live there. What do you recommend as far as a lease agreement and rent collection ? A propert...
Matt James
Where does HELOC stand in the order of lien priority?
We bought a property through county auction. There was a HELOC mortgage put on the property years ago and the property has been transferred 3 times since that HELOC. Obviously our title search did not find it prior ...
Cameron Johansson
Adding Solar pros and cons so far
Hey everyone!!I am adding solar to my home for a few reasons. 1. To get away from the corrupt company called FPL who now runs the areas power.2. To add value to my home 3. To prevent lose of power if a hurricane or an...
Laci Rossett
Checking account for security deposits from multi unit properties
My question is: should I get one checking account for the deposits of all the tenants in the building or do I get separate checking accounts for each tenants security deposit? I'm asking because if I get a 25 unit apa...
Viktor Bokun
how to check title report
HiI have a question for anyone who buys properties from auction.com. Do you trust title report that's provided by auction.com? Is their title report accurate? Or do you check title report on your own? if you your're c...
Logan Allec
Non-Taxable Income for FHA Loans: Do 401(k) contributions count?
It is my understanding that in calculating effective income for an FHA loan, non-taxable income (like child support for instance) may be grossed up at the greater of 15% or the borrower's tax rate for the previous yea...
P.R. Romain
Hoping To Close My First Deal But Confused
Good afternoon. I am fairly new to the BiggerPockets community and real estate as a whole; I attended Than Merrill's workshop and got the motivation to try out wholesaling with my significant other/partner. We started...
Ryan K.
Subject To + Owner Financing possible?
I want to buy a property to use as my home residence. I want to do a Subject To with the owner. They owe 65K left on their mortgage. The house appraised at 100K. I'm going to buy it for 90K. The remaining 25K I want t...
Tony Severino
First-Time Home Buyer Downpayment Resources-- Nationally
Affordable Housing Program (AHP)
http://www.fhfb.gov/Default.aspx?Page=47
This is a program of the federal home loan bank (FHLB) system that provides funding to member banks to be used for purchase, construction, r...
Raphaela Todd
Taking over loan payments from on a FSBO Deal
I have learned that one method of creative financing is to simply "take over" the loan payments on an FSBO deal. Exactly how would you do this? What specific contract could be used for this situation? Would the s...