I'm in NYC- tenant says its his choice to use Rhino as a security deposit replacement. He has already used 2 months security for rent and Im against using Rhino, would rather have a cash security deposit. Im having ...
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Hi,I was curious what the process is, and what possible pitfalls there are for someone, particularly a beginner, to obtain hard money for a flip? ty!
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Does everyone require prospective tenants have 3x the rent in monthly income / rent is no more than 30% of their monthly income? What is minimum credit score you look for in a B- neighborhood? For people with lower th...
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I need some advice from BP.Situation: I have opportunity to purchase an investment property - around 320K with equity of about 100k. I have two options;(1) refinance and take out cash against another house with abou...
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Hello BiggerPockets Community,
I trust this message finds you well.As I take the exciting leap into my first real estate investment, I am navigating the intricacies of options of funding.
What financing strategies h...
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I am currently investing in CA and live in Texas and would like to start investing in OH. My issue is that my debt to income is too high to secure another conventional loan. I have a friend that will invest with me bu...
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Hello BP,
I have recently started my first house hack in a triplex in central Kentucky. Cold called roughly 85 landlords in my surrounding area to find my own off market deal where I could live for free to start off...
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Syndicating deals offers investors the opportunity to take down larger deals using other people’s money while providing a great return for everyone in the deal. Of course, all that sounds good, it’s easy for an inexpe...
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I know that the vast majority of landlords and property managers will have a simple answer to that question: DON'T.However, I'm interested in building my MF rental investing and property management business in New Yor...
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Hello BiggerPockets,
I'd like to open a discussion on an unconventional approach to real estate investment: utilizing unsecured term loans instead of the traditional route of mortgages. This strategy might sound unor...