Enrique Toledo
Seller financing financial questions
I came across a really good seller financing deal and I would like to purchase it as my first deal but I donāt have enough money for the down payment.can I use a lender of some sort to give me money for the down payme...
Tyler J.
How is everyone getting so many loans?
Hopefully not a stupid question. How is everyone getting there mortgages for rentals? What are they using to qualify you? Good credit obviously.
I guess why I'm asking, I just purchased my first home. I plan on livi...
Easton Hill
š„Hot Takeš„: Airbnb needs to add levels to its "Super host" stat
Agree or disagree?With nearly 46% of hosts qualifying for the designation, it's not sufficiently helpful for guests to determine quality over time!To illustrate my point:SuperH.=New Host with 10 positive reviewsSuperH...
Boone Tyson
Using a refinance to put your money to work
These last 12 months have been some of the most confusing that people have ever experienced. With a regular inundation of both good and bad, positive and negative information, it can be difficult to filter through all...
Joshua Dorkin
Welcome New BiggerPockets Moderator: J Scott
Last week we welcomed Jon Klaus to our moderator team, and today, I'm excited to announce another new moderator, J Scott.
J has been around BiggerPockets for almost 5 years, and his 7,800+ forum posts have been of...
Jarrod Ochsenbein
Private lending in 2nd position
2nd position loan questions
How do you insure you mitigate the risk of not being paid back?
For me IĀ use;
2nd lien on target property or cross collateral property deed of trust
JV agreement
Promissory Note
Pers...
Willin Smarda
Help PLEASE with calculating DTI for Rental income against PITI
Hi all,
IĀ understand from the many post that only 75% of theĀ rental income is considered as income -PITI= $$$ <- if positive, additional income, if negative, additional debt.Ā
IĀ came across a recent post that is ...
Ivan Rubalcava
Add Third Unit or expand Duplex?
Hi all,My wife andĀ IĀ recently purchased a 4bed, 2bathĀ duplex (2be, 1ba / unit)Ā that has an enclosed, 400 sq. ft. garage.We are thinking about converting the garage into a 400 sq. ft. ADU to have 3 long-term rentals.Ho...
Account Closed
back patio sliding door
I have a house in Henderson, NV. Ā The back sliding door won't lock. Ā It's very difficulty to open and close the door. Ā I'm sure there's a way to remove the door to fix the wheels on the bottom of the door but I don't ...
Dan C.
Short sale collection agency issues
I am checking to see if anyone else has had this issue and if so how it was resolved, good or bad.I have had a short sale under contract to purchase for 2 years in Vegas. Last month I finally got the approval from the...