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Tim Gathers Should I buy apartment building with original boiler?

2 January 2020 | 7 replies

I'm looking at purchasing a 12-unit apartment building that has its original boiler, which is about 60 years old. Of course, I would have the boiler professionally inspected before purchasing the building, but I'm wo...

Kurt Supe Loan Originator to help with owner financing deal

21 June 2017 | 3 replies

I am selling a house with owner financing. My understanding if I plan to do more than 3 I need a Loan Originator to do the underwriting. Does anyone have a MLO that would do help with this that you would recommend. ...

Cato McKenzie New Active Military Member Originally from Lexington, Kentucky.

8 August 2017 | 4 replies

Bigger Pockets Community, My name is Cato and I am beginning to work in buy and hold strategy in Wilmore and Lexington, KY. I'm currently in the Air Force and move around a bit but I call Wilmore my home and eventuall...

Michael Yan first time Multi-units commercial loan - origination fee

12 October 2017 | 6 replies

I am negotiating a multi-unit rental property in Baltimore. In agreement but after inspection I want to re-negotiate. Total loan amount is about $800k depending on re-negotiation result. Just talked to a loan officer,...

Jesse Richardson New Mort Loan Originator (MLO). looking for suggestions?

31 January 2022 | 2 replies

Hi Everyone,I've been an avid investor and currently have 8 rentals and another primary residence.I'm about to retire from the Air Force after 21 years (enlisted yes). It's been a great career but now I'm transition...

Jack B. Does capital gains include my original down payment?

1 May 2023 | 5 replies

I put 100K down on the 500K house. I sold the house for 700K. My proceeds are 300K (rough numbers here), but 100K of it is my original down payment. Am I over the 250K capital gains exclusion as a non married guy? I d...