Kelly G.
final water bill Milwaukee -
Greetings My tenants have moved out of my SFH in Milwaukee - I took the water meter reading and called the city for a final bill. Milwaukee wants to charge $35 for a 'final' water bill. Milwaukee landlords:1) can I ...
Stephen Daniel Pace
Funding for First Investment Property
Hey BP! I'm actively looking for my first investment property, ideally a STR. I already got pre approved for a conventional loan but I don't want to spend the majority of my cash savings on a down payment. What are th...
N/A N/A
Best Loan for my first flip.
I'm getting ready to try my luck at flipping a house. I was wondering what loan would be best for me? Currently I own my own business and do not have a way to provide proof of income. I do have a good amount a liqu...
Kirkland Kearse
How to pull Equity from Inherited Rental Properties
One probate ends I will inherit 10 rental properties i was not involved with (2 are just land) in a small SC town and all are paid for. Since I am just starting myself, should I just group them all under one LLC (Unde...
Ryan Judkins
How get loan for lower priced properties?
I have two homes in Missouri that I made offers on for $63k and $77k (paying 25% down on each). Then our loan officer said the underwriters rejected them. She explained they are lower priced homes so they have a har...
C.S. Bryson
Is this a good deal? Looking for advice on my first investment
Seller Financing OfferPurchase Terms1. Purchase Price: $215,0002. Down Payment: 20% of the purchase price, equal to $43,0003. Financed Loan Amount: $172,0004. Interest Rate: 6.5% per annum (fixed)5. Initial Amortizati...
Roberto A.
Rental property depreciation
hello experts,Unfortunately we didn’t depreciate our rental property for years, can we start this year by putting 0 for all previous years and use the value of the house when originally bought minus the land value?Tha...
Ryan Anderson
Please Help Me Evaluate HELOC options!
Hi BiggerPockets friends!
I am currently shopping for HELOC lenders for my primary residence in the hopes of leveraging the HELOC for real estate investments. I've spoken with several lenders so far, and am trying to...
Michael Spence
The process of a HELOC
Hey BP,I'm truly trying to get a firm grasp on how a HELOC works. My wife and I are currently considering taking one out on the property we live in to purchase our first rental property. The problem is I'm still unsur...
Steven Anderson
Required to fix foundation before financing?
I'm getting ready to place a cash offer on a home that has an existing long term tenant. The price I believe I can get with my cash offer is well below market. After buying the home I'd like to finance the house on a ...