Weng L.
Any south Florida credit unions that service mortgage themselves
I am approaching 10 financed properties and looking to buy another 8 properties within next 3 months. Fannie mae and freddie mac backed mortgages only allow a borrower to have up to 10 financed properties. Anyone know...
Cody Pritchett
Manufactured homes. Are they worth it?
hello everyone so I searched the forums but could not really find an answer to my question. My question is are MH worth while if they are 1980 and newer and not in a park. In my local area and outlying area there are ...
Terrence Evans
Exit strategy after acquiring a property with built-in equity
Let's say I come across a deal where the owner had to move quickly and they sell their house at a discount. It is worth 600k but they sell it to me for 520k. I use a private money or hard money loan to buy it. Btw the...
Andrew Stenvall
BRRRR advice for a potential deal Los Angeles
Hi, I am looking at a deal where the refinance for a BRRRR on a multi family would be essentially $60,000 cash out on a 80% LTV but it still has negative cash flow. As a total noobie here (apologies ahead of time!), i...
Robert Del Rosario
Mortgaging a Free and Clear Property
Hello community! I would like to know if mortgaging a free and clear property is just as hard as getting financing to purchase. My partner and I are having trouble getting financing to purchase because my partner...
J Campbell
using an agent VS not using an agent to find and buy propeties
greeting and bigger pockets to all.im starting my quest to get a few rental properties and wondering MUST i use an agent to find & buy the properties.when it comes to money ive found i generally do better for mys...
Mike A.
Dropping TenantCloud due to increase in fees. Who do you use?
Sadly we're moving away from TenantCloud as they are now going to be charging $1.25 per ACH transfer. Since we have dozens of tenants, this is not going to go well. We've already informed the tenants of the fees, an...
Larry Wilson
Deciding between me paying for water or tenant paying
I recently purchased a ten unit in Indy. I’m in the first stages of renovations and trying to decide if I should add a water meter bank, where tenants pay their on water or use one meter and charge more for rent? What...
Ron Singh
Sewer insurance company suggestion for rental sfr
trying to see if its worth adding a sewer insurance (around 40+yr old home in CA) there is a huge tree in front yard and i have a feeling now or later it may cause issues in sewer line, which is under/near tree.
Anyo...
Paul Cijunelis
GRM for multi-unit
I know the 2% rule slides depending on the cost of the building...I'm looking at a 4 unit bldg now and trying to figure out a good way to evaluate these properties never having done a multi unit.
the GRM is an 8 and ...