Dorian Weber
HELOC came back less than expected - now what?
Numbers
House appraised for $350k
Owe $150k
HELOC based off of credit (740), appraisal of house (350K), No credit card debt only a car payment ($350 a month) and house payment ($1600 a month)
$33k
I changed indus...
Murray Clark
Short term rental banks
Hi Bigger Pockets Community,We're exploring an entry into Austin and are looking for recommendation to banks that focus on providing debt for STR/MTR assets. We run a co-living and working space operation called Neig...
Robin Cornacchio
Has anyone invested in an container ADU?
I live in Atlanta and the city allows ADU’s. I’m thinking about investing in one and wanted to know realistically, is it worth the investment? Airbnb income vs long term lease. Cost to build a 20ft container vs a 40ft...
Account Closed
Annual Income Verification Required By the FDIC?
Letter from the bank today says that I must verify my income every year on my 1-4 Family Non-Owner Occupied Mortgage.They say this is a new change in the FDIC regulatory requirements.I can't find a dang thing about it...
Jimmy Mills
"If you close more than one out of ten offers, you're paying....
I believe I once read something to the effect of "if you close more than one out of ten offers, you're paying too much." It may have been one out of 30, but I'm curious if others feel that way today. With the books fr...
Cameron Chambers
Classes, Seminars, Events...Who What Where When?
Hey all!
Currently looking to go to some classes, seminars, and/or events this year with some friends and would like to know the possibilities and options.
Looking for in the GTA, on multiple topics in investing suc...
Ross Carpenter
Financing for Mixed Use Property?
I am looking at a property that has 4,000sf of commercial/retail (3 units) on the first floor and 2,400sf of residential on the second floor between 3 apartments. Does anyone have any idea what financing looks like fo...
Jimmy O'Connor
Propstream- a company review as of 2020
I am currently trying to figure out the best resource to create mailing lists based on the characteristics of the property owner and the property itself.The last major/popular forum on Propstream was started over 4 ye...
Account Closed
Entity for investing in a mobile home park fund/LLC
I am planning to invest in a Fund (set up as an LLC) that buys mobile home parks. I would be buying "Class B Shares." I would be a Class B Member of the LLC that owns the shares (Class A members are the ones setti...
Elad Messing
Diversification/Asset allocation strategy
Hello Everyone!I was wondering if there is any rule of thumb as to what should be my asset allocation between my $ invested in real estate investments, which include:1. Single family rentals2. Syndication deals3. Loan...