Changes That Will Affect the Entire Real Estate and Mortgage IndustryThe rules are changing for mortgage lenders. The consumer Financial Protection Bureau (cFPB) is replacing some of the forms used at closing and requ...
I am currently trying to learn all I can about getting into the rental property investment business. I want to start with single family and 2-4 unit properties, and then eventually purchase larger multifamily units. M...
I've found a home that I want to be my first investment in a suburb of Cleveland, Ohio. It's $225,000 with $150,000 in repairs with an ARV of $600,000. I though that I had found a Hard Money Lender that would financ...
Hi all, new landlord here. This applicant recently divorced with one kid and 2 dogs. She was a stay-home mom and has no income. As part of the divorce, they are selling the house, and it is under contract (verified th...
I have been a serious investor for about 2.5 years now. Closed on 8 deals (49 doors) mostly multi-family. In all this time I've never been faced wth the following situation and wanted some extra opinions on the matter...
Dear Bigger Pocket Community, I'm writing this to ask for advise because I'm sure something isn't right. I'm an aspiring real estate investor. I began my real estate endeavors by buying the house next door to my mothe...
Hello, I love BP and am leaning on you as readers with experience to help us make good decisions on portfolio loans in general. I am re-posting this question - Evidently I was asking for loan providers and opinions o...
Just stumbled upon this article that I think others in this thread would appreciate. It makes some interesting points about the common opinions on "disruption", how people use Airbnb, and really the good/bad of the ap...
Hello BP! I was looking to purchase a property but I don’t have to much knowledge or experience on septic tanks. is that something to avoid? What are your thoughts?
I hear its smart to have Rental properties in LLC, but banks don’t like to lend to LLCs. You can quit claim a property into an LLC but is that that best process? Whats the best legal process to get the property into ...