Peter Shafik
11 units in bowling green chance to buy.. Green or red light?
Hey all! I'm looking for some expert advice on this matter. The company I work for has recently acquired 2 quads and a triplex All on the same lot and I'm really thinking about buying it with hard money, use the compa...
Arthur E.
Getting Spam From Other Members
I just received the following email in my gmail account. I don't really care for members spamming me from this site. Is this behavior within the rules of the site?"Hi Arthur,Since we are connected on BiggerPockets I...
Bruce Woodruff
You sure get some strange STR messages, be careful
Woke up to this 'request' this am. Obviously a scam, just thought I'd share it.....I replaced their personal info with dots....HelloThanks for the updated information. We are okay with the accommodation and date. We w...
Ross A.
I need a conventional loan using my IRA funds
I plan to use some of my IRA funds as a down payment to buy and hold income properties. What type of lenders are out there? Will this be a commercial loan? I hope not :(TIA
Jordan F.
Electrical Updating of 1950 Building
Hello,We have a 10 unit property in the Los Angeles area and are wondering if now is the right time to get a loan to update the electric. All apartments are one bedrooms or studios and are on two 15 amp fuses each. ...
Alex Hogenson
How does private loan affect conventional loan?
Hello BP,I'm looking to finance my first duplex (house hack) with a conventional loan, however I won't have the necessary funds by the time I need to purchase (tentatively need to move in June 1st) for a down payment,...
Dori Arazi
Tenant payment issues, what is the PM responsible for?
My lease with tenants states that if they break the lease early the are liable for 1 months rent. The property manager was meant to charge them 1st, last and deposit on entry (to cover the lease break scenario). That ...
Andrew Baisley
Investing With a Partner Using Conventional Mortgages
Quick question about investing with a partner...
If we avoid forming an LLC or S-Corp for the first few deals, to perserve access to conventional financing, will the bank look at both of our assets or do we have to j...
Ed Matson
HUBZU Purchase and Sale Agreement
Has anyone had experience closing on a property with after winning a HUBZU auction? Their PSA looks very one sided to me.
Patrick Britton
Best contingencies to get out of the deal
Hi,In your "typical" purchase and sales agreement for a wholesale deal, is there consensus on the best clause, condition, or contingency used to revoke the offer? Heard from some people that they use a feasibility cl...