Please help my brain fog!! When using hard money ... say the HML wants monthly interest only payments. Do you have to also pay 'mortgage' payments to someone else, insurance, the utilities OOP? Or does this get paid ...
Hi All,I'm almost at the one year mark since purchasing my 4 unit place in Denver with a FHA loan at 3.75%. I know you can't have two FHA loans at the same time unless you move far or start a family, and I'm not look...
Hello,I have decided to invest out of state and have spent the majority of the weekend scouring forums, websites (Zillow, Realtor, Census Bureau, Bureau of Labor, and many more), blogs to put together a spread sheet t...
Good afternoon bigger pockets,Currently I'm debating on getting a 10unit complex all 1bed/1ba. The income is great and is within market for my area. The current owner only has one gas meter, electric, water and sewa...
Are you taxed on the money that you leave in the LLC's bank account? AKA the money that you don't draw out.
I have a tax certificate and will be receiving the deed very shortly, end of this month. I’ve contacted the previous owner as he’s the only one listed as the owner. I told him that I may get him to sign something once...
Will paying off ALL credit cards (about $30k) make my credit score go up? And if it does, how long does it usually take to show up?
Just posting this to see if others who buy NPLs and do loss mit have had any success using a virtual assistant to handle borrower outreach. Any input on this?
The tenant is a fairly popular seafood restaurant in town that is family run business and has been a good tenant (always paying rent on time, easy to deal with etc). They have been there for over 15 years. They are in...
Hello BP Community,I am a real estate broker in northern CA. I do some property management (<25 units) and some residential brokerage. I have been investing in RE for the better part of 20 years and have owned sev...