Dylan Tettemer
Out of state Investing
Hello everyone! I'm a brand new investor and I'm trying to solve a road block I have. I currently live in Japan so I've been trying to figure out where to invest. I'm probably going to be moving to Colorado from here ...
Kris Zabish
When buying a bad deal is worth it?
All I hear is never ever buy a bad deal, or non cash flowing properly. I’m looking to house hack my first property in El Dorado County (just outside of Sacramento) but cannot find a deal that’s works in my area. I hea...
Vincent Harris
What did YOU bring to the table?
Hello all! I'm trying to find a mentor to learn from however, I'm having trouble trying to figure out how I can bring value to a potential mentor. I work full time and aside from learning as much as I can on Biggerpoc...
Kelly Arthur
Wells Fargo and Appraiser Harrassment
First off, avoid Wells Fargo at all costs (but you probably already know that)!!! I'm in the process of closing on a multi-family buy and hold. It's a solid property in a very good area in Essex County, NJ. Wells Farg...
Ray Li
Buying a house with garage conversion without permits
Hi, newbie investor here. I just entered into contract for a single family house, where the seller disclosed that they converted the attached two car garage into an in-law unit without applying for the permit.1) Is th...
Jack Sickels
First time home buyer, interested in re-appraisal to lose PMI
Hi there and thanks much beforehand!I'm currently in year 2 of my first mortgage and according to Zillow (which I have a gut feeling may inflate values), I'm already at %.79 LTV.
I'd like to drop my $175/mo PMI so I'...
Anthony Aguillard
Underwriting Multi family units
What underwriting rules do u apply when assessing mf complexes? I heard management is 10%, vacancy is 10%, what maintenance percentage, etc?
TIA
Michael Moikeha
Commercial Lending Questions
I know that commercial lending works different that residential mortgages, but my question is more about what these lending institutions are looking at when they are making their decisions.
1. When crunching ...
Ryan Pozzi
Owner Financing to Owner Financing - Head Spinning
Hey BP fam! I'm trying to put a deal together that I hope looks simpler to y'all than it does to me. I keep trying to put pen to paper and figure out both sides of the equation and I keep ending up frustrated. Here...
Gil Pang
Investing in Latin America
Hello BP Community,I recently visited Colombia and found that it is a growing tourist destination which led me to believe that an Airbnb would be very profitable in those hotspots. Had a few questions that popped into...