Alfred Litton
Why not ACV instead of RCV homeowner's insurance?
Just a question to elicit opinions. If as an investor, I would NOT choose to rebuild if something catastrophic (tornado, fire, etc) happened to one of my properties, why not carry ACV instead of RCV insurance. If my...
Miguelli Fernandez
Conventional vs. HELOC vs. Home Equity Loan
Hello everyone! I am beginning by real estate journey with purchasing my first multi-family home to rent out to section 8. Does anyone have any feedback or thoughts on which loan product to use? I have my primary re...
Al Bennett
[Calc Review] Help me analyze this deal
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James Edwards
Heloc Minimum Payments
Hello,Curious as to how minimum payments work. Beginning is interest only. Current Heloc is around 6% interest, and a minimum payment of $100.00.Would it work like option a or b?A:$1,000 x .005 (.6/12)= $5.00 a month ...
Chris Lee
Mixing MTR and STR, and value of having a direct booking website
I'm new to RE rental investment. We are finishing up some renovations on a house with an in-law on Cape Cod. Our plan is to rent each of the 3 bedrooms
of the main house as mid terms and the in-law as a long term ...
Dmitry Semenov
Property Manager charges Owner non-collected late fees
Hello BiggerPockets,I am separating with Property Manager and they now are charging me late fees that they didn't collect from the tenants. Is it common for property managers?Property management agreement says:"Fees P...
Joe Fermin
typical down payment for a mortgage on an investment property
evening all. went to speak to a local bank today regarding a potential mortgage on an investment property. we have our primary home and an occupied rental. they said that the minimum down payment for another home w...
Lane Smith
Cash or finance benefit of buy and hold
First time poster so I apologize if this has been answered in another post.I have the chance to buy a sfh for cash and would never sell the property. I do have the option to purchase with financing 20% down, 4.125% bu...
Laura Johnson-Morris
Financing the option premium for the tenant/buyer?
Hi all!
I'm looking into lease options and had a question. Is it possible for the seller/landlord to finance the 3-5% option premium for the buyer/tenant? I'm thinking of this as an alternative to any kind of "rent...
Brandi Scharrer
Questions around getting multiple loans in a short period of time
Newbie investor here. My questions are more around strategy in getting multiple loans in a short time period.
Here is what I’m looking to do:
I’d like to purchase 2 (maybe 3) SFHs within the next 6 mos. All the ho...