Phil Parris
Detroit Metro Area landlord caught in Eviction Moratorium Net
We have a rental property in which the tenant was kicked off Section 8 right before COVID hit. Tenant wouldn't answer calls, email or text, and hasn't paid a dime. We took tenant to court (36th district). Hearing was...
Dedric Polite
Curious as to the interest rates and points on hard money loans?
Interested in finding out the going interest rates & points charged for Hard Money Loans (actuals paid within the last 12 months would be great) in the following states, NC, SC, VA, MA, TX, MD, GA, FL, OH, NJ, NY,...
Scott McManus
American Pension Services, APS goes into Receivership
self-directed IRA custodian American pension services, AKA APS, went into receivership in April 2014. Over 1000 of us account holders have had our accounts frozen and face 10% lean on the account to cover a ponzu sche...
Amber Terry
First buy and hold deal-appreciate your insight!! East Dallas
After creating an LLC and joining Bigger Pockets 5 years ago to start RE investing, I finally did something this year!! Currently holding a wholesale/flip property in my Class B neighborhood near Casa Linda, partnered...
Jeff Porter
When does it make sense to get an insurance license?
At what point does it make sense to take the time and spend the money to become licensed to sell insurance, represent an insurance company or brokerage, and sell yourself insurance? The thought crossed my mind and no...
Sebastien Hitier
what is a normal upfront cost of a mortgage?
Hello BP.The best I could get for commercial mortgage with my credit and personal profile is 5.5% 5Y ARM. I am refinancing 5 properties at LTV 60%, loan amount is $395,000. Lender is a small local bank.The DD took for...
Thomas Patton
How do people find Airbnbs to Rental Arbitrage?
I’ve been researching this and this has been my approach so far. I’m sure I’m missing some things, but I think this is a pretty good starting point. Anything I'm missing?
1. Look at AirDNAs top list of cities to rent...
Michael Rendon
Using STR Income to Qualify for Financing
Hello I was hoping to seek some guidance on a bit of a dilemma I am in, thank you for any advice! I purchased a turnkey STR 15 months ago and it has been cash flowing since month one, this was an investment mortgage. ...
Aviv Berkovitch
DTI calculation - for conventional mortgages
Hi everyone, As I understand, every time that I purchase a rental property, after it rented, and I want to purchase the next property. The bank can take 75% from the income of the first property and if it covers the (...
Corey Dutton
Please Comment: What Will Happen in Commercial Real Estate in 2012 and 2013?
Commercial real estate foreclosures aren’t going away in 2012, experts say. Most believe that the recovery will take at least a couple more years on the commercial side. The residential side is another story altogethe...