Timothy Wright
Can this be done? Is this even Legal?
Hi BP, I recently got an idea, but I'm starting to doubt that it is feasible, and it may not even be legal for all I know. I know BP has people of all backgrounds so I expect someone might be able to answer my questi...
Nick Edwards
All savings are tied up in 401k. What options are there?
Hi all,I have a decent amount of money saved in my retirement. I am looking to finance my first owner occupied house. I will get settled in it and immediately pursue other opportunities while I house-hack. My question...
Sachin H.
Rejecting an applicant
Hi GuysFinally I closed my first investment property and looking for tenants right now. I recently received an application but the person had bad credit + more then 4 civil court records (everything related to evicti...
Edward Stephens
Should I take a hardship withdrawal from my 401(k) for a down payment?
Dear BP Community, I am actively looking to purchase both units of a duplex, live in one unit and lease one unit (house hack). I found a property that I’m considering making an offer on, and I’m analyzing different ...
Mark Hoffman
Has anyone done a Lease Purchase Option wNational Lease Purchase?
Our property is listed on Zillow FSBO, for 10 days with no one responding to view. Our terms for sale is $ 378k, seller finance, 10% down, 6% 30 yr fixed with 2 year prepay penalty. Proposed lease for 24 months is a...
Shaun Teacher
A foreclosure that has un-permitted building
I attended a foreclosure auction recently and learned of a great potential deal. Full disclosure, I am very new to everything and might learn from everyone that it is a horrible deal.The house is in the bay area Cali...
Sanjeev Advani
Freddie Mac and Fannie Mae Introduce New Tenant Protection Policies for Multifamily L
Starting March 2025, Freddie Mac and Fannie Mae will enforce new lease standards for multifamily properties seeking financing, aiming to bolster tenant protections. These standards include a mandatory five-day grace p...
Calvin Quallis
Bridge, Temporary Renovation Financing Needed
Hi,
Investor here who brought a Southampton, NY property that requires extensive repairs. Purchased hoping to BRRR into a short term rental. Purchased the property in August for $1.895M with 21% down and did a DSCR ...
Jim Smith
Could I be blacklisted from air bnb?
So I bought a full gut rehab, 4BR with the plan to move into.As an experiment, I put up pictures of what I'm designing the house to look like, with the dates open for when I thought it would be done (stupid I know)I w...
Nicholas Grandstaff
Using my 401k for REI
I’m a complete newbie to REI. This is actually my first post here on Bigger Pockets. I dabbled with the idea of REI earlier in life (I’m currently 39), however, I received mediocre advice and I just wasn’t hungry enou...