Elisha Buckingham
one shot oppurtunity and want to make the most of it, HELP
Hi everyone, My name is Elisha Buckingham, I am 23 years old, married and the mother of 2 with one on the way. I wanted to learn as much as I could about real estate and becoming a landlord so that i could potentially...
Lorenzo D Brooks
Exposure line of Credit and Refi
Bigger Pockets I have a lender who is working to get me approved for an exposure line of credit. With the line of credit the there will be an appraisal on any property I purchase and a closing in 10 to 14 days. My...
Nathan Frost
Interest Only DSCR
Can someone explain to me how DSCR works and why it would be better to do interest only payments vs a 30 year mortgage on an investment property?Seems the interest only quotes are still high and not worth it.
Corey Demuth
Best option for mortgage when buying rental to hold in LLC? (NY)
I am trying to buy a SFH to rent out. I am running into a problem where residential lenders don't want to let me take title into an LLC (even though I would personally guarantee the loan.)OK.So I talked to some commer...
Kevin B.
Buying a lien to force foreclosure?
I was hoping someone with lien expertise can help me understand how they work.Background: a neighbors house has been abandoned for quite sometime now (2009?), property is in pre-foreclosure but bank/company "servicing...
Brian R.
Contractor wants his money, but I don't want to pay... yet
I just had 2 days worth of work done in my first investment property.I paid the GC half of the job's total before work began.It all took two days and I'm pleased with the results. Upon reviewing the work last night [a...
Caroline Notman
Fix or quit vs Put up with them for 5 more months
My tenants are on a 2 year fixed lease which ends in mid Feb 2025. They have been a pain in my 'side' and are so rude and entitled its beyond words. They are currently in breach of their lease.
1. 2 unpermitted do...
Bryan Hancock
Is There Value In Having So Many Intermediaries Between Borrowers and The Secondary Market For Mortgages?
Fannie and Freddie are obviously doing a terrible job of assessing risk for borrowers with their mounds of prescribed paperwork. Apparently the Danes allow borrowers to access loans via the secondary market directly w...
James Dandiu
Who should be responsible for negotiating?
Selling my home and currently in the due diligence period. I sent my agent a list of all the items and notes of what my contractor and I were planning on doing to address the items called out in the inspection, and if...
Kar Sun
Lease Final Walkthrough
My tenant's lease is coming to a close and I am relieved she will be moving soon.
She has been paying on time but has been extremely unpleasant and rude.
While the money does not smell my mental sanity is more impor...