Account Closed
Using LOC to buy and cash-out refinance after seasoning?
If I were to obtain a personal line of credit to combine with my own capital in purchasing/rehabbing a property, how would this affect me when it comes time to cash-out refinance?
Jared Dison
Not wasting anymore time
Hello BP fam. Just wanted to stop in and introduce myself real quick. My name is Jared and I'm a commercial realtor from North Alabama. I currently don't have any of my own investments but as the title states, we'...
Halle Hughes
Minneapolis Lake St. Rent after Riots
I have recently acquired my first duplex on Park Ave adjacent to Lake Street where there is quite a bit of destruction from the recent riots in Minneapolis, Minnesota. Prior to to this, the four-bedroom unit had been ...
Charles A Munk
How to you value non-permitted additions life remodeled garages?
Hey Biggerpockets, I just evaluated a 3/2 SFH (1,350 sq ft) with ARV of 230k. The garage was converted into a family room. It was an not permitted but it was done well. Should I count this in the sq. footage when a...
Ian Maxwell
Can a landlord charge a security deposit for their own labor?
Hi All, I recently closed my first deal and will be house hacking a two family in Quincy. We took possession of one of the units on 9/1, and found that the previous tenants left several large pieces of furniture behin...
Sandy Morales
Pros & Cons between Commercial or Conventional Loans
I recently spoke to a lender who only does Commercial Loans. The process and qualifications seem less strict for qualifying for a commercial versus when apply for a conventional loan.I am only familiar with conventio...
Matt Harris
Settlement charges and repairs
hi Curious how other landlords deal with security deposits and repairs. Example would be say tenant breaks a window in winter that's an emergency repair that can't be waited on til move out where a deduction would be ...
Alan O'Brien
Las Vegas Info
Hi all,
I was wondering if you could help me, I am looking at buying properties in Las Vegas. I would appreciate any information on what areas are currently being sold at the best prices and c...
Gonzalo Perez
Refinance using self directed IRA
I purchased a rental property several years ago using my home equity line of credit from my primary residence. Can I now refinance my rental property using my self directed IRA to pay off my line of credit and transfe...
Karl Washington
How do you go about organizing an open house (virtually) for potential buyers?
New wholesaler and just want to make sure I'm aware of the do's and don'ts when it comes to holding an open house for potential end buyers. Should I do more than one? Should I even hold an open house? Would it be bett...