Matt Franklin
Almost finished with Flip, but considering Renting
I'm almost finished with a flip where I've put roughly $15k into. There is no current mortgage on the house because it is a family member's vacant home. They let me do the updates with my own money and only want $125...
Jason Zullo
seasoning money from a heloc to use as DP on buy and hold
Hey guys I recently got a heloc for 55k @ 3.5% we also got my wife pre approved for a mortgage to purchase an investment home we plan on holding. We currently keep about 4-5k monthly in our account. I know the bank is...
Bassma Mancilla
Partnering with family member, don't want her on the loan
Hi everyone, So, while shopping for financing, I've been told that for investment properties, I cannot use "gift" money. Really it isn't gift money, as it's going to be a partnership between a family member and I. The...
Jesse Brons
Down payment and Fiancé does not have credit
Hi everyone! My fiancé and I are trying to purchase or first rental property. We do not have much saved up for a down payment but we have family who is possibly going to gift us money. Also my fiancé has no credit, I ...
Art F.
How to show occupied units to potential buyers?
We are selling a few 100% rented, cash-flowing, triple-deckers that we have owned for years. I am looking for guidance on a few issues:1) How to notify the tenants that the properties are being sold, and get their coo...
Arnie Guida
Reduce Rent For Work?
One of my tenants does flooring for a living. He asked if he could put new carpeting in his apartment, and said it wouldn't cost me a thing, that they had plenty of leftover carpeting to do the entire unit, and that h...
Dimitry Moltoff
Non-Arm's Length Transaction and Clouded Title in Default
My parents received a notice of default (NOD) on their mortgage several years ago and then filed for bankruptcy which cleared several judgement liens from the house, leaving only the secured mortgage loans. After ban...
Brian Palme
I'm BRAND new and ready to go
Good evening BiggerPockets - I hope this post finds you doing well.I wanted to take a moment to introduce myself to all of you. My name is Brian Palmé. I am a full time high school science teacher and a part time rea...
Mariah Jeffery
Advice on splitting private family C-corp
I've gotten a lot of great advice on my rental properties over the years and I have to thank the BP Community for that. Today I'm looking for advice on a different topic, but it's related to RE, corporations, and tax-...
Jesse Smith
I would like to purchase a home from my mother in law
My mother in law recently inherited her mother’s home, I am looking to purchase the home and turn it into a residential assisted living facility. Is there any way I could purchase the home without putting my own money...