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Hi BP, We secured our first STR with an equity line of credit and are now hoping to convert that into a 30-year fixed. Any advice on finding a lender who can do 10% down and no MI on a refinance?We also are looking to...
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I am considering hard money loans, but definitely am not as familiar with that type of financing and from what I do know, may be at a high interest rate and also have to pay the loan back in a short period of time. An...
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Hi all!I currently use a property manager for out of state rentals. Can you recommend some things to so when vetting a local self managed tenant? How do you run a credit check? Call previous landlord of prospective te...
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One of the questions we get all the time from potential clients who listen to Bigger Pockets is: "can you work with a seller carry?" The short answer is: no, not technically. The seller carry, as most people underst...
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Hello BP Family ! I am looking to purchase my first Investment property Q2 of 2024.
A little about my self, I migrated in 2021 from Jamaica to beautiful San Diego. I live with my wife In downtown San Diego raising 3...
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Generally speaking - who pays for painting between tenants? I'd like to clarify this in my lease to avoid gray area going forward. (Please share the actual lease language if you're ok with it!)
a good tenant just mov...
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What are your thoughts about how to screen out some high risk applicants you don't want??Specifically households with more than 4 people total?I have a 3 bedroom / 1 bath SFH rental in Indiana in a class D area (abo...
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Anyone invest in a flood zone lately? Looking at a place close to the beach and aside from flood insurance, any other protection strategies?
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Hello all, this is my first post, but I’ve been binging Bigger Pockets since last December. Great stuff. I’m 65, close to retirement but wanting to work for a couple more years for the steady paycheck while I get into...
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I filed chapter 7 bankruptcy 2 years ago. Since that time I reestablished credit with a score about 650. I also purchased my home cash. So I have full equity. My question is how long after bankruptcy will lenders star...