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I am in the process of buying a SFH that needs some minor rehab. I need to have the flooring redone.However, I am out of state. I have a contractor that already gave me a quote and is willing to do the work, but how w...
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Hello BP, I’m a newbie investor and I’m a believer to never be the smartest person in the room… So I ask you all: what are newbie mistakes in Multifamily investing you typically see or have encountered yourself? How c...
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Hello all. For some reason I am thinking that I heard somewhere that anything over 4 units is considered commercial, but my realtor told me that anywhere someone lives is considered residential, no matter how many un...
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I've had a lender tell me that you can't use FHA for a personal residence on a multi-family. I don't think this is true but was wondering on some advice from the BP community.
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Hi everyone! I came across biggerpockets from listening to the podcasts which I've learned a ton from! My wife and I currently live in MD but we're looking into investing in rental properties in the San Diego region w...
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I’d like to begin looking for my second financed property, but would like to place this one in my LLC. My lender wouldn’t allow me to do so the first time around. After speaking with other lenders recently, I’m still ...
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I know the topic of umbrella insurance comes up here periodically. I was just out shopping for new auto and umbrella policies, and most insurers won't write a personal umbrella that covers an STR if the underlying po...
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Hello,I am a new real estate investor located in Miami. I am about to get into my first real estate deal, which will we a flip. I will be partnering with a local guru in order to get my feet wet and learn beginning, m...
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I plan to complete a cash purchase of a property with personal funds, closing it into an existing S Corp that I would be joining (Illinois), which right now has minimal assets. As I am new to the business of real est...