Hey BP Community,First off, I just want to say how grateful I am to this platform. While I haven't yet acquired my first property, I'm way more knowledgeable thanks to the Bigger Pockets community and hope to also be ...
Does anyone know of a bank or lender in Texas that can do 20% down on a 30 year not for straight investment property? Every one I've talked to requires 25%, which doesn't sound that different, but with a 315000 purcha...
Our tenants just signed a new 12 month lease starting June 1st. Yesterday we noticed that the hot water heater for that unit needs to be replaced. We have two options for replacement: 1)buy a new one (we own the cur...
Hi All, I am one of three individuals hoping to purchase our first rental (single family or duplex) in the coming months. We keep getting different answers on which kind of loan we need and how to apply for it. We are...
I am trying to determine my upcoming expenses for a house flip and want to see what some other people are doing for fixed expenses? I am thinking my best bet is going to make an excel document that lists the primary c...
Hi all –
Looking for some recommendations on how you are estimating future property taxes on rehabbed properties. I have a client I am working with who is interested solely in purchasing recently rehabbed SFH as a p...
BP - so I have 15 SFR’s and planning on buying 10 more. I am tapped out on FNMA so I secure a commercial lender out in CA (I’m in TX) with a 7% 5/1 ARM. I have tried lending one and they were about the same.Any good s...
Greetings,I am looking for how Section calculates how much rent they are willing to pay. I know it is has to do with fair market rent, but there is a a lot of wiggle room in that because they have a checklist of amen...
Hello all,
Can someone please email me a sample promissory note they have used with their private money lender? I tried looking for it under the FilePlace, but didn't find anything. My email is in the signature below...
I'm looking for Ideas, options, and input that might allow me to purchase a property that as I understand can't be conventionally financed due to the age and condition of the park model mobile home and the manufacture...