Jeff Goddard
HELOC as alternative to conventional fixed mtg...
This is a bit long so.... I am wondering if any of the BP members have heard anything about using a HELOC to replace a fixed or traditional mortgage??I recently came across a u tube video of a fellow in Hawaii whose...
Yenlan Patton
How to say... offer the deadbeat tenant cash to move out
We are hiring the eviction firm to do eviction filing for us, this tenant hasn't paid us for March rent. And he challenge us to go to court, and we haven't heard the court date yet from the service firm. They said the...
John K.
Net Present Value (NPV) - the most accurate deal analysis?
Even though Net Present Value is used mainly in financial management I think it is probably the best ratio/calculation for analyzing a real estate deal. Unfortunately in Real Estate Analysis people usually use mainly ...
Christopher Perez
Real Estate & Lending Go Hand and Hand..same language not so much
Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
Diane Stinebaugh
time to kick them out. Am I right or am I wrong?
Hi everybody! I'm a newbie. bought my first house in February and had it rented May 1st. Late July my tenant sent me a text with a sob story about a fraudulent check he deposited, he wouldn't have the rent on the ...
Brendan Spaar
What to do with a realtor that only wants to present full price offers?
I have a friend that has been looking for a house. She has found 2 that she really liked but when she wanted to put an offer on them her realtor wouldn't. She said the sellers (of both different houses) had paid almos...
K S.
Where to reinvest 1031 exch funds?
Looking for ways to turn this into non taxable cash or just purchase something to avoid taxes.I'm on my second 1031 exch but later found out that I can't use the funds to improve on already purchased land so I'm a lit...
Isaac Blocher
The Cost of Transactional funding
Calling all wholesalers out there on BiggerPockets. I am just curious about how much you'll are paying for the transactional funding your getting when you do a deal. I have talked to some wholesalers who pay 12% for t...
Edith TenBroek
How do you make an offer from a distance?
So we are partnering with one of hubbies co-workers. He has the cash, but not the time, while we have the time, but not the cash. So he is willing to buy the property, and pay the downpayment and closing. But he...
Scott Trench
Poll: Landlords - Were You Working Full-Time When you Started?
Landlords - Help the new folks out and let them know what you were doing with you bought your first property! Can you get started in real estate investing while working a full-time job? Click Here to Take the Poll!Cli...