Spoke with a lender yesterday who said they would base their refi numbers on the purchase price and rehab costs and not the ARV. Has anyone out there dealt with something like this?
There is plenty of discussion throughout the forums on the 2% rule, the 50% rule, and even a particular dollar per door (say, $150 per door) requirement.I was wondering what criteria others use when deciding whether o...
I have got a duplex with a good amount of equity in it, and I'm rehabbing a live-in fix and flip/rent. I'd prefer the home equity loan and let my tenants pay for it (it would still cashflow), and I'd use some of the c...
Hi II am a newbie and looking for some advice on a property in Wear Nh. There is a duplex for sale for just under 200k. It generates $2000 on rental income and according to the calculators mortgage, taxes, and insuran...
What can I do in reference to a tenant who’s leaving soon, purposely running the water to run the bill up?
Any recommendations would help, thanks.
Hi, I'm working on closing my first property for buy and hold. I'm not too sure what I should look for when it comes to insurance. I've attached an image of the details of one quote that I received. Please advise on i...
I currently live in Austin, TX and would like to start networking with other BP members that are familiar with the investment landscape in Central TX. I am very green, but have a general understanding of the rental ma...
Hello , I'm new to the real estate game and would appreciate any help from everyone. I moved to a new house in May and decided to rent my old house. I lived there for 2 years and have no major issues. The house was...
Good afternoon Biggerpockets community,I have a question about my final disclosure on a loan the signed. I purchased a property for $87,000, this is my third investment property. Under my origination charges I have a ...
We have been using Rentometer for many years and have enjoyed the statistical analysis that helps us to determine where we should price our rentals when we go to market. We also look at current listings to strategical...