Lokesh W.
Lease Option: Any Limit for money applied towards Mortgage/ Down Payment???
I am trying to do cooperative lease option on a property. The owner is asking for sale price that is at least $20K above the market price. I can make it up by applying 50% of the rent money towards the sale price (dow...
Charles Bailey
When to or when not to pay contractors
When should you pay a contractor? Should you pay them in increments, with a deposit in the beginning, again midway through the project and lastly once the project is complete? Or is there a better way to protect both ...
Gary Calver
Advice? New to South Florida RE, Can't Flip w/o Financial Backing
I'm trying to get started in real estate investing with this going for me/against me:Have almost $5,000 available from college prepaid that I don't want to use on a degree (my interests don't require a degree)Just rec...
Coty C.
Breaking the Tenant Screening Standards
Tenant Screening Standards:
- No previous eviction
- 3x income to rent
- Clean background
- Good references
Hi Everyone,
On biggerpockets these 4 standards for the tenant screening process have been repeated time an...
Account Closed
Which tenants would you choose- pets, kids or single young men?
Hello, I am a relatively new landlord and would appreciate the input of more experienced landlords. I just finished renovating a very nice 1950s house in Charleston, SC and am interviewing tenants. I love the house a...
Christopher Perez
Real Estate & Lending Go Hand and Hand..same language not so much
Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
Jim Goebel
How many have been burned when paying a Contractor 50% upfront?
Just wondering ...I had a recent bad experience with a plumber that somehow convinced me that the 50% upfront and 50% at end was on the up and up.
Lesley Ray
First BRRRR, Hard Money vs. Traditional Loan
Hi all,I'm looking to purchase my first investment property in Cleveland, OH. I plan on utilizing the BRRRR method and am currently feeling torn on whether to obtain the property with hard money vs. a traditional loan...
Mike Smith
HELOC on Investment Property?
Hi, I have an investment property with about 50% equity in it. I am interested in leveraging the equity to do some more real estate investing. I have approached a few banks (including the current mortgage holder) an...
Kyler Cook
Christian Investors - How do you tithe?
Hey Friends,As a Christian I am curious how other believers go about tithing on their income. I believe the Bible gives clear direction that we are to tithe on a tenth of our gross income. However, I’m confused about ...