Sheena Drake
bank offering less money than expected
Looking for opinions.........2/1 SFH in Missouri. Bought for $33,500, B/C neighborhood. We have rentals in this same area so expecting $750-800 rent. Taxes, insurance $1000 together for the year. Nicely fenced in ...
Steve K.
LLC versus Umbrella Policy
Hi everyone!New investor here, trying to learn as much as I can from all of you veterans out there. Thank you in advance for your advice and help!In general, does having a good umbrella policy offer adequate protectio...
Lauren Baker
USDA 502 Direct Loan Dwelling Requirements
Hi Everyone!I have recently been approved for a USDA 502 direct loan and am hoping to find a home that is somewhat of a fixer upper. I'm curious as to what the exact dwelling qualifications are. USDA regulation §3550....
Grey Stone
Should I replace the water heater?
Tenant keeps making complaints and is annoying the crap out of me. This is for an older home with approx 1,300 sqft and 1 bathroom with 6 people living in it. When I bought the home it had a 25 gal water heater and we...
Blake Edwards
Never Be Embarrassed!
NEVER BE EMBARRASSED!We used a bank to finance an $18,500 property. Why you may ask? Could we have paid cash in full for this? Maybe...Maybe not. The point is to not extend your capital so there is some in reserve for...
Brenton Montgomery
Considering Rookie Bootcamp
Hi I am new to Bigger Pockets and am considering the rookie bootcamp course but want to make sure I have adequate resources to successfully complete the course before I pay the tuition. How much capital should I be p...
Jacob D Cockerell
Crawl spaces, ventilation, and HUD/FHA guidelines!
A lesson I have learned as an appraiser. I recently appraised a home that was built in 2021. It had a crawl space with no vents. The block walls were sealed with a product similar to B-Dry, like you would normally fi...
Lisa Henrich
Rental Leases - Personal and Corporate
I am in the process of buying a new home and will be turning my current home into a rental property. Is there any difference in lease terms if I rent to a small company as opposed to a private renter/family? Would I...
George P.
Interest rate and Seller financing question
I keep finding articles that suggest that the sellers should charge the adequate interest when financing the house purchase.
(Example: http://www.frascona.com/resource/jag808-seller-carry-financing.htm An installment...
Arian Doaks
Bank Statement Loan - Atlanta GA Multifamily 2-4
Hey guys! I'm trying to find lenders that can do Bank Statement Loans. I took advantage of writing off everything on my taxes since I'm self-employed and now it's biting me in the butt!! I have an excellent credit sco...