"Is this loan non-recourse". That question is often better answered by asking what you mean by that. Common misconception is that DSCR loans are non-recourse because they can close in an LLC. However, even DSCR loa...
I have three homes, some of which I've subdivided into individual units, one of which has an attached granny, one a remodeled garage studio, and another in which I just remodeled the master suite add-on into a large s...
Property is an 3 bed 1 bath 1230 sq ft SFR in a fairly hot market (Seattle) on a third of an acre.In the back yard of the property lies an 800 sq ft double wide. The previous owners were using it as a shop.The square...
Hey there, BiggerPocketeers!I'm looking for feedback about the ability to use short term rental income to help qualify for a mortgage. Would you be interested in taking this short survey ?
Hey everyone i thought since its the new year, we start off on the right foot.
Me and @Nick Grisanti want to organize a Orlando / Central Florida meet up
We are were thinking on 01/18/2014 a saturd...
New to BP. Cool site. I have been prop investing since 2008. 3 places for 7 units. Going great. Only issue is qualifying always is based on personal income and reaching my max ability to
qualify based on income not o...
When underwriting a commercial property, what is an example of bad debt and what is an example of credit loss (how does this differ from vacancy loss)?Thanks
Hey everyone! I wasn't sure where to post this questions so, since it has to do with startign out a bit I placed the question there.Bascially, I have tried to do some quick searches on this question, but I haven't co...
Myself and three other friends are looking to pool our money together and start investing in real estate together. The initial plan was to start an LLC and start accumulating properties over the years.
However after...
Hello! So I bought my first house hack and it is going well. Question I am curious about and am having trouble finding info on it. I see many people buy a house hack and in a year or so move on and buy another. Since ...