Reza Push
Weighing renting and buying in Los Angeles for a primary
Basically the LA market is nuts and cannot decide what is the best decision for us. Through Covid we have been staying in a family member's vacant home here in LA and previously rented. Obviously as things open up, we...
Jan Kutrzeba
Financing fell through last minute - how can I save the deal?
Hi BP,My lender (a local bank in PA) pulled out only a couple of days before closing. Underwriting said our usable income is not sufficient for the bank to grant the loan.A mortgage officer from another bank is workin...
Patricia Miller
Smartbuy program in Maryland
So I'm looking into buying a home in the near future. The program I'm interested in is the Smartbuy. They are willing to pay off my student loan of $32,000. My concern is that the APR:7.152% and LTV: 95% with an inter...
Justin Sullivan
Need Advice for "As-is" purchase
So I made an offer on a 6 plex and we went under contract. It obviously your typical "as-is" sale from a bank so I expected to have to do all the paperwork and CO. But then I get a notice to vacant and demolish due to...
Terry Royce
Presenting a Deal to include all costs?
I am trying to put .Pdf files for all my deals down the road that break down the costs the investor will face.
Now obviously I can take the ARVx.65 - rehab costs = MAO
and that is as simple as it gets.
However I wo...
CJ Shade
Buying Duplex with Heloc, refinancing to pay off heloc?
Using the BRRRR strategy, I am in process of purchasing my first rental property, a duplex with a heloc on my primary residence. I plan to quickly rehab at least one of the units then move to the next. When I go to ...
Sabine Franklin
Tenant keeps making repairs without notifying landlord
Good morning, Bigger Pockets,I could really use some advice about this situation. We have a tenant staying in a condo near Miami, Florida, these apartments are designated for over the age of 55. Over the years, there ...
Sean Haran
Reeb-Hosack area: feedback/opinions/advice on the
Hello! I’m looking at a SFH deal in the Reeb-Hosack area of Columbus, and I’m seeking advice from anyone who has invested there or is pretty familiar with the area. Main things I obviously am looking to figure out are...
Rusty Eddy
How to find active agents in a given area?
Hi All,
General question for a specific situation.
What is the best way (ways) to determine what are the most active listing agents in a given area? (I have done the obvious, drive around and write down names of e...
Janelle Hicks
When is a building a lost cause? Rehab cost too high?
At what point is a property too far gone to rehab? I found an 9 Plex, fixed up it could be worth about 400k based on income valuation. But it needs EVERYTHING. Place is a dumpy/disgusting, been vandalized, no floors, ...