Swaroop Kane
Transfer to LLC after closing on replacement property
Hi, I will be closing on a replacement property next week. My initial property title had mine and my spouses name, I am buying replacement property with mine and my spouses name as well. Immediately after closing, I w...
Brian Whelan
COVID 19 and Tightening lender requirements
Banks like JPMorgan Chase & Co. have begun the process of tightening their lending requirements in an effort to limit their exposure in the months ahead. Borrowers will now need 20% down-payment and a credit score...
Dhiraj Chhabra
1031 : potential primary residence
Question on 1031 exchange. I am a buy and hold investor, have never done 1031 before, so any help is appreciated. I bought this house for primary living: $1m on a traditional feddie/fannie loan, plan was to live in th...
PK Adi
Tenant with 2 service dogs
Apologize for my naive question. I am a new landlord from San Diego.I have an applicant who has 2 service dogs for her emotional support.I dont have any issues with the dogs but wondering will there be any liability f...
Shak F.
*** HELP *** structuring deals for a first time!
Two of my friends and I are trying to purchase an investment property at around $300K in cash. One of my friends will bring 80% of money and another friend is bring 20%. Among three of us, I know relatively more about...
Account Closed
Cash Purchase with PML - Please walk me through this...
Hello! We're getting closer to pulling the trigger on our first deal... we just want to be sure we get all our ducks in a row so there are limited surprises. We believe this is how things will work. Please let us know...
Anthony Diggs
Is this a good Deal?
Current mortgage is only $400 per month that includes taxes and insurance.Rents are $850-1000. $5000.00 down payment plus $5000.00 cosmetic repair.Approximately $27,000 is owed and about 20 years left on the loan. Ren...
Alejandro Giraldo
Rookies looking to start our REI and House Hacking journey
My wife and I are starting our Real Estate Investing journey and we are very interested in joining the Bigger Pockets bootcamps. We are newbies in the RE world with plans of finding a property to do House Hacking with...
John H.
USDA wants AFCI breakers in 180 year old house
I'm selling my house and its about 180 years old or so. Panel is all breakers with romex wires (not new, but 20 years old maybe). USDA says I have to have all AFCI breakers to give the buyer the mortgage.
I'd rat...
Brian Corbett
Privat lender agreement
Hey Pro Members,I have done a couple of deals recently with family members and friends that have loaned capital for down payment, closing cost, and rehab. I have the loan for the 1st mortgage in my name, so that is m...