Hector Briz
Analyze closing costs
Hello,
I am a first time investor that is very brand new to RE investing. I am a DACA recipient doing a conventional 20% down owner occupied loan to house hack a fourplex. These are the closing cost I received from...
Ricky Lopez
Possible Deal?
Hello to everyone,
I received a call from a direct mail letter recipient. The owner is looking to move from the area and selling one of his rental properties. He has advertised on a website, not a realtor,asking 55,0...
Richard Warren
Is the VAT coming?
Interesting article by Charles Krauthammer in the Washington Post today. His theory is that a Value Added Tax is the ultimate goal of the Obama administration. It may be the only way to generate the massive amounts ...
Jack Mastrangelo
A printer that will accommodate an invitation sized envelope
We are trying to utilize an invitation sized envelope with a 22 pt font. Anytime we increase the size beyond 20 pt, the printer/pc displays an error message saying the size of the envelope doesn't match the paper in t...
Craig Norris
Contents of Direct Mail Campaigns
Hey BP!In my next campaign, I'm considering including a handwritten post-it note with my phone number. I (don't) fully expect each seller on my list to firmly affix that thing to their fridge and call me when they dec...
Marlon Brown
My parent is my first tenant, and has a section 8 voucher
As a first time home buyer and investor, using an FHA loan, can I legally rent one of the apartment units to a parent who is on Section 8, having them as my tenants?
Al Richards
Painful loan process please advise
So far I am about 30days late to close on a property I find to be a great investment. The property has been the easy part the financing has been a nightmare. I’m getting a FHA/ FHA 203K loan and I have everything need...
Joshua Dorkin
BP Update 6.57 - Improving How You Connect on BiggerPockets: Followers & Colleagues
We've just updated the way that you Connect on BiggerPockets. Our Colleague and Follower system has been a little bit confusing to some users, so we've come up with a way to improve it.
Below you'll find a link to a...
Karen F.
How do I do 30% owner financing mortgage on a multi?
I have only ever bought for cash beforehand on investment properties. This time, because I just don't have enough cash on hand in the LLC that will purchase this property, the owner has agreed to hold a note for abou...
Alec Knorr
1098 In Individual Partners
I have an LLC with four partners. We've buying properties in one partner's name and then quit claiming the deed to the LLC after purchase. However, the 1098 is still being sent in the partner's name who bought the hou...