Sean Brennan
Who uses standard mail for yellow letters?
I set up a standard mail, pre-canceled stamp account with the post office and now they're telling me that the yellow letter does not qualify and that it is first-class mail because it includes personal information, i....
Taylor Kendrick
How old is too old? (or, what should I know about homes built in 1920?)
Hi everyone,
I'm looking at a variety of multi-family homes right now and I found an interesting MFH. All brick, built in 1920. Much older than most of the other listings I'm into but the rough numbers indicate it wo...
Russ Swan
Fannie Mae and Investors
I'm in the process of making an offer for a Fannie Mae Property. Just received a rather long (17 pages) Addendum to the Purchase Agreement from the realtor. 1. Para 4a requires a declaration whether the property is or...
Chad Acerboni
Lending options on a STR we have under contract?
Hi All - My business partner and I have an STR property under contract in Orlando, FL that is set to close mid-Janurary. Our goal is to put as little money down, ideally, 10% if possible. Happy to share details (locat...
Matt Weddon
Legally Rejecting Applications
Getting ready to rent my first property!
I've been reading up on the process to go from advertisement to signed lease. I feel I have a good handle on the basic best practices and will be listing the property on Zillo...
Brandon Turner
Hard Money- What Do You Pay?
Just curious, what do other people out there in Bigger Pockets land pay for Hard Money these days?
My main lender is 10 points, 10% APR, 2 year notes, LTV depends on the situation but usually around 75% ARV or cross...
Nolan Chandler
Offer to purchase and assignment contracts
Hello, all,I had an initial consultation with a real estate attorney in North Carolina about wholesaling, and he gave me a 99% on issues discussed, but was going to do some research to get back to me if he thought it ...
Satha Palani
Advice on 203K loan - pros and cons and which type
I have an offer in on a duplex in an up and coming part of the city. The house needs work and is being sold "as is" The plan is to live in one unit and rent the other one out. At the prevailing rate, provided the cost...
Scott Goulet
Correct Liability/Insurance for Airbnb/vrbo with a pool
Hi BP, I am under contract for an airbnb property that has a pool. Can anyone discus s the specific coverage for insurance or liability protection I should be looking at? Currently I have an umbrella policy, and i was...
Trevor Baker
A good roofer in the San Fernando Valley for a quote tomorrow?
I'm considering putting an offer in on a House in Reseda that clearly needs new roof! I'd like to get a quote on the roofing expense, before I submit a an offer. Does anyone know of a roofer in the area who could ch...