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Results (5761)
Ned Marz Screening tenants in NY - question about what is allowed and feedback on prescreen Qs
24 October 2023 | 1 reply

Hey all, 
Recently bought a 3family in my home state of NY and am choosing to do most of the management on my own to cut my teeth and learn what I don't know before I outsource it in the future.  I am working with an...

George P. Lending private money to HM Lender in small chunks
8 April 2011 | 4 replies

Anybody ever lent a small chunk of money (~10k) to a HML Lender who in return will combine smaller loans and lend as a HM loan in 1st position.
What are the drawbacks? I can imagine that there is little to no protecti...

Sandra Ho Better to have no tenant or a tenant with history of multiple late payments
18 November 2024 | 11 replies

This is our second rental in Indianapolis that we closed on a couple of months ago, but it has been difficult finding tenants. The first rental we closed on in April rented quickly with no issues with a great tenant. ...

Ken J. Denied for HELOC due to lack of credit history
18 May 2018 | 3 replies

Hi,I am considering obtaining a HELOC to purchase a second property (ideally for investment purposes). I have applied with Chase and a local credit union and have been rejected for lack of credit history. I own my cur...

Sebastian Dombrowski Buy & Hold in Coachella Valley
6 April 2019 | 6 replies

Hi Biggerpockets members,I'm from Southern California where real estate is just ridiculously expensive. It seems impossible to find rental properties that fullfill the 2% or even the 1% rule.However, I found the Coach...

Amy Zemser Help Me Hire A Basement Rehabber.
22 March 2019 | 3 replies

Hi Fellow Big Pocketers! We're doing a basement rehab, turning it into an Airbnb. I've considered hiring a contractor to do the whole job, but numbers came in so high that I started over and began calling the smaller ...

John Kilkenny breaking a lease and security deposit
22 February 2017 | 3 replies

I live in virginia and own a rental property.  Tenant has a two year lease and is breaking the lease - no cause on my end, they lost their job and got a new job out of town.  I have no problem breaking the lease - but...

Eric Veronica House Hacking 2-4 Units in Chicago using HomePossible Mortgage
10 October 2020 | 24 replies

Freddie Mac’s website explains the Homepossible mortgage as “A responsible, low down payment mortgage option for first-time homebuyers and low- and moderate income borrowers”. What Freddie fails to explain is how gr...

Aaron Mazzrillo Note Terms & Clauses
5 December 2015 | 16 replies

On another post which we kind of derailed, we got into discussing creative financing techniques and clauses some of us use in notes secured by real estate. You can read more about it here:

Original "Motivatio...

Bradley LaBrie Househacking, LLCs and refinancing
18 June 2018 | 2 replies

I'm sure this is a common question with house hackers, but I currently have my first multi unit in a rehab. I have an LLC set up and my question is twofold. 1) I understand putting this property into the LLC could tri...