Hi there, I am looking for my first House Hacking investment and planning to use an FHA loan, I am currently located in Chicago, IL.
Question 1: Can I apply for FHA under my name, live in one unit and then, rent th...
Bigger pockets,
I'm struggling with setting up an organized method to keep track of my rental income. I'm leaning towards the simple method of one checking and one savings account for each rental. This is great, unti...
Hi BP Community,I am in the process of learning syndication still and the big question I had was about the debt. Do syndicators take recourse or non-recourse debt? If you take recourse, will the manager personally sig...
Long story short:
- This guy, call him "Yao", bought a house for $400k a few years ago
- For whatever reason he wants to get out from under the mortgage but he's been making all his payments. His credit history is b...
Is it safe to use eCheck? PM is asking for payment, and one option is eCheck. Otherwise they charge like 3% for credit card.I am wondering if someone use my bank account number and router number there, they can do wit...
Hi,A few years ago I purchased a 7 unit building with seller carrying the mortgage with 2% interest for 3 years that ends with a balloon The price was $310,000 and I put down $30,000. I made a mistake of not getting a...
Hello every one! I have been following biggerpockets forum post for awhile and I have been getting into wholesaling properties in the Baltimore/DC market.
I recently started working at a law firm that handles...
We've been using AirBnB for the past year with no problem. Bookings were slumping so we listed with VRBO and got a 2 month reservation within 24 hours. HOWEVER, the guest payed on 5/31, and they say we will not rece...
Hi all, was hoping to get some clarification because i can't seem to find info anywhere about my specific issue. I have a mortgage that requires one of my units to be my primary residence. I work far across town, and...