Gregory Schwartz
Refinancing a "cheap house"
I'm lining up my first true BRRRR. The asking price is $40k and I'm looking to make a $30k cash offer. Rent should be between $700-800/month. To make this deal work I would want to refinance $37k out (about 60% LTC). ...
Yuri Chernousko
Closing documents - sharing with 3rd parties
I recently finished a small cash deal and received my closing documents including the HUD statement and the warranty deed. I am talking to a property manager and a utilities company, and both want to see the HUD d...
Robert Laird
Hard Money Lender Interested in Mobile Home Park Investing
Hey Bigger Pockets,Today I was hanging out with one of our hard money lenders and told him about BiggerPockets. After I told him the gist of its networking abilities, he told me: "Sounds like Picking Pockets!!" Hahaha...
Zac P.
Rent to Own Question
My attorney says I can only do 3 "Rent to Own" per year. I was seeing what others knew about this or could verify specifics? I was hoping to build an entire business around this model, so I'm disappointed if true. Her...
Cailyn C.
How much down is needed for commercial $1m-$5m transaction?
Hello investors, what do banks ask for nowadays when Lending to purchase multiunits these days?I hear 15%, 20%, 25%, and if so what does it depend on? Any preference to go with small or bigger banks? Thank you in adva...
Brandi K.
Has anyone used Direct Lending Partner's
Wondering if anyone has used them. Their Google reviews are good and rates seem reasonable. I haven't been able to find much on them.
Michael M.
How do you know which city is good to invest for rental?
Hi All. I've read numerous posts on people suggesting certain cities to invest in, but was wondering how do you determine if the city is a good one? Are there certain websites you look at or particular indicators that...
Yi Chu
Business Checking Account
When you open a business checking account, you have to transfer a certain amount of money to the business account to avoid monthly fee. Let's say $500. This comes from your personal account, not from business operatio...
Kenny Tran
How does a REIT work?
Just curious on how a REIT works? Do you invest in a fund and get paid monthly? is it a set ROI capped at a certain percentage? Where do you find REITS? Just wanted to ask for personal knowledge and nothing more
Account Closed
Cons of Landlording in CA
I heard someone say land lording in California wasn't as good as other states and that it's more tenant friendly than landlord friendly. What are some cons about being a landlord here in CA?