Hi all,I'm in quite (to me) a difficult situation and looking for some insights.I'm buying a new house $1.2m @7.2% interest, and my current house is worth ~$780k @3% interest. I've managed to secure the loan for the n...

Hi guys, it seems like since the "Stress Test" was implemented checking for "borrowing strength" by mortgage advisers depends solely on income/salary regardless of cash in hand.  Seeing this I do notice young people i...

Hi guys, it seems like since the "Stress Test" was implemented checking for "borrowing strength" by mortgage advisers depends solely on income/salary regardless of cash in hand. Seeing this I do notice young people in...

BiggerPockets experts!I want to get your thoughts and 2 cents from a philosophical and risk perspective.  I am 42 years old and my wife is 39, we have 2 kids, age 9 and 5. GOAL: Insulate my mid-long (5-10 years) term ...

What does multifamily underwriting look like now given what we know so far of the impact COVID-19?I know there are very few new transactions going under contract right now given the huge amount of uncertainty that sti...

Double post from phone. Please delete this thead.

Don’t let your syndicate become a victim of embezzlement due to economic hardship during the coronavirus pandemic.You need pay careful attention to money in your syndicate and the people with access to it. When people...

What does it typically cost to repair drywall cracks as a result of foundation cracks? Is it a relatively cheap cosmetic fix? Is it as simple as filling the crack, filing it down, and then painting over it later? ...

I am under contract for a house that has a bowing foundation wall. This is a walk in basement house and it's on a hill. So there is about a foot of foundation uncovered (out of the ground) on the back side and not cov...

I am tenant in NJ state. I have been paying rent exactly on 1st of Month for last 2 years. I gave notice of move-out on January 4th that I will move out on Feb 28th.

We had a baby in December end. And had newborn in ...