NA Jordan
Posting listing without tenant consent
I have a rental property in Dover NH. My tenant just told me she may need to end her lease because she does not have the means to pay it. She is not positive if funds will come through. She told me if she cannot she w...
Matt Jackson
Using leverage to increase ROI
Was wondering if anyone had any thoughts and ideas about using leverage to increase ROI. Anyone successfully completed these types of transactions before? They look rather brilliant to me and if they are how do I go a...
Account Closed
Buying with contingency of selling current residence
Realtors, bankers, and the BP community with experience with buying and selling primary residences simultaneously:My parents are looking to downsize their current home. The county's assessment for the home is $430k an...
Phyllis E.
Can we get financing for flip if most of our income is from mutual funds?
Hello. This is my first post to any of this website's forums. My husband and I are seriously considering buying a house to rehab and flip as a start to a real estate investment business. (Love the helpful podcasts he...
Navid A.
Evaluating a BRRRR deal vs a "conventional" deal
Hello BP,I just finished reading Brandon's book on "Rental Property Investing" along with David Green's book on "BRRRR". Brandon emphasizes the need to analyze deals to ensure a property will cash flow AFTER accountin...
Michel Sylver
Tenant Income Low with Additional Funds in Money Market Account
My husband and I bought a small multi-family last year and are self managing. We require 2.8x rent in income and included that in our listing. We have an applicant with 2.3x rent for income and commented on the appl...
Atanas Angeles
Heloc on a primary residence
Hello,I have a significant equity in my house, where I live. Would love to use a Heloc to fund part of the construction of an 1200 sq ft ADU I don't know what company or financial institution I should work with for t...
Joel Gellis
Novice REI Starting Out in Buffalo
Hello BiggerPockets community! My name's Joel, I'm a novice REI looking to learn, connect, and take down my first deal in the Buffalo, NY area!My situation:I've got excellent credit, strong income/savings rate, and ca...
Greg P.
Lines of Credit Question
Hello, I hear about some local investors obtaining 10mil dollars of lines of credit to buy property. What do you actually need to obtain this line of credit. Is it basically net worth and rental income? Or is it mo...
Matt Good
Deed in lieu of foreclosure
Hello!I'm just trying to understand this...I've heard a couple of stories regarding an investor loaning a dear friend cash to buy a distressed property including rehab funds. The investors friend; the borrower, cash i...