I have recently BRR'd a property and am on to the refi portion. Last time I refi'd an investment property, it was a long painful drawn-out process. I have read comments regarding your own LLC (not the same owning the...
FHA has announced that the temporary waiver of FHA’s regulation that prohibits the use of FHA financing to purchase single family properties that are being resold within 90 days of the previous acquisition, expires on...
Hello All,I am very excited and honestly, a bit intimidated to be joining the BiggerPockets community. It truly is a real estate fire hose of information and resources here. Please don't misunderstand, I am very grat...
Hi,Working on a commercial deal (2 store fronts) where the the seller willing to hold the note with 40-50% down. Working with a partner and neither of us have ever done seller financing before so looking for any reco...
Hey all,My brother and I are going in on a duplex together as our first investment property together. The current tenants have a lease signed until August of this year, and they are paying wayyyyyyy under market value...
Hi everyone,I'm new to BP and is trying to set up legal entities to start running rental property business. I did a couple studies but want to make sure I'm getting it correctly.For structuring the legal entities, it ...
Hi BP,Where can I find the rate for today for personal and investment?I have searched on the internet and I can not get a good answer. Thank you.
This question might sound like it has an easy answer but I don't understand. Please bear with me.Here is the scenario:I purchase a house for $100k, put 20% down. I renovate the property, it is now worth 150k. When I g...
I'm in the process of getting my real estate license in Louisiana. I just read this paragraph and want to know if I'm understanding it correctly:EvictionFor failure to pay rent, the lessee can be expelled. If he has ...
I would like to know how others might structure a deal in this situation:My friend has a high paying job, an 800 credit score and cash for a down payment. She wants equity, write-offs and eventual appreciation. She ...