I closed on my first property (an owner occupied triplex) earlier this month. During the closing process my realtor had notified the seller's realtor to give the current tenants notice that they had to leave.  We were...

Hello Everyone, New to the forum and glad to have found the wealth of information here on Bigger Pockets. I am not new to forums but, I have been unable to find a breakdown in laymen terms for my questions about being...

Good morning everyone,I have located a  large scale multifamily property (96 units fully occupied). My question is in regards to how the financing of such a large scale project works. The property is priced at just un...

Not Getting the Hud-1 thing! If I am double closing using flash funding in the 1st transaction then 2nd closing with investor that brings all cash, why is hud-1 involved in second closing? Doesnt hud-1 have to do with...

Curious about the BRRRR method. For the sake of cash out, the goal would be the highest appraisal possible. But wouldn't a higher appraisal cause higher monthly loan payments which would reduce rental cashflows? This ...

Hi there! I've had my eye on a fully occupied duplex near my work for the past few weeks. After running all the numbers several times, I decided to make a move on it. I talked to the mortgage broker who I used to purc...

I'm hoping someone can give me some insight to this rather individualized question.  I own a 2 story duplex and rent the 1st floor and live on the second floor.  In 2017 I built a laundry room with hook-ups for both m...

Hello,
I was wondering if anyone knew how many times you are able to use a va loan. I know the loan limit is a little over 400k but is there a limit as to how many times you are allowed to pay that off and get an...

Hi BP,I recently incurred significant expenses for the exterior of one of my properties, and am requesting your assistance in understanding what I may be able to deduct in the current year.  I would classify each of t...

I have a Realtor that wants to represent me on a short sale, but she wants to purchase the property from me on the BC side. Does anyone know if this is an issue.