If a potential tenant approaches you about Airbnb rental arbitrage, you may wonder if there’s a catch. Are you responsible for damages? What if you encounter a noisy guest? As a landlord, there are all kinds of pros a...
Need flexible funding for your deals? Private money could be the answer. Whether you’re looking to dodge the bank or want greater control over the terms of your deal, that’s exactly what this creative finance option c...
Edward Adams
HOMEOWNER SOLD "SUBJECT TO THE EXISTING LOAN" AND WANT TO GET A NEW HOME LOAN, WHAT DOCUMENTS CAN I PROVIDE THE SELLER TO INCREASE THEIR CHANCES OF QUALIFYING
I HAVE A HOMEOWNER WHO IS ATTEMPTING TO GET QUALIFIED FOR A NEW MORTGAGE. WE BOUGHT THEIR PROPERTY SUBJECT TO THE EXISTING LOAN 18 MONTHS AGO.
WHAT DOCUMENTATION CAN I PROVIDE TO THE RESPONSIBLE HOMEOWNER IN ORDER...
Edgard Leite
New to multi family investment
Hello everyone, I am a new investor that recently joined BiggerPockets and I'm excited to start connecting with people here.
I currently live in a small town south of PA, about 1.5 hours from DC and Baltimore.
I hav...
Jeff Piscioniere
Structuring a partnership investment using a 401(k) loan
My next investment purchase will use a 401(k) loan from myself or my wife’s account. I want to structure it in a way so that we are paid back so that the loan balance can be reduced quickly. The point of this is to s...
Account Closed
The 2nd property is the hardest
Perhaps a savvy finance expert can help me figure this out. My wife and I have an fha loan on a house we bought two years ago today. We want to rent it out and buy another as a primary residence. We can't get a second...
Tyler Goulden
203K FHA BRRRR combo
As I have said in previous posts I want to focus on larger commercial properties. However I still want to start off with one 4plex to house hack. I was wondering if you can BRRRR with a 203K loan. I would like to g...
Jim McCabe
We DID IT! First flip in the books
First flip officially in the books. I cleared just over $25k and learned a ton. Now I have to find that next one!
Connie Steele
Commercial loan conditions
we are purchasing a 16 door unit. Received loan docs and there are the following conditions. Wondering if this is normal as its our first commercial loan. Provide yearly tax returnsProvide leases and tenants informa...
L Y
Question on Owner Occupancy, Rent, Seasoning
My wife and I are under contract to purchase a property (single family home on tax record) that has a guest house. Both the guest house and the main house are currently rented out by the current owner.
Being a young ...