Kusum Chanrai
$3,500 for a flat fee attorney for a multi-family deal: Fair?
Hello! I'm in the process of signing a contract for a multi-family in Houston. The property has 24 unit. I've been given 2 quotes from solid lawyers. 1) $3,500 flat-fee: Includes review of PSA, title and survey work, ...
Matthew Hegewald
Furnishing STR living room with pull-out sleeper sofa
Hello all, we are in the process of converting our downtown Seattle condo to an STR as we move out of the city. It's a two bedroom and we are wondering if changing our current sectional sofa to a pullout sleeper sect...
Michael R.
Assumable Mortgage Questions
I started out looking for investment properties that the owner will finance. I have found a few properties that the owner will allow an me to assume the mortgage, I will give a down payment, and they will owner financ...
Alex Silang
Using cashout refi money for living expenses
I often see this as a nono. Of course, tons of people like to use their cashout refinance money for a new car or a big home renovation.
What about using cashout refi money to pay for everyday living expenses? You'd h...
Ryan Stirling
How do you handle work (management & labor) that you did yourself?
I'm interested to learn how people on these forums handle property management, labor, and any other expenses that you perform yourself.
Do you assign a value to your time and if so, is it market rate or do you use a...
Adrian Carr
203k loan - 1 year minimum?
If I am renovating a home using a 203k loan and the renovation takes 5 months, does that 5 months count toward the 1 year primary home minimum even though I’m not staying there technically due to the renovations? Also...
Chris DeSisto
Financing for a rent to own
Any broker able to do loans in SC, that have worked with lease options? Looking to find someone who can apply consideration money as a down payment if/when a buyer goes to get a conventional loan.
Account Closed
Starting out as landlord and financing?
I currently own a home but would like to purchase a duplex and rent out my house. When looking at financing, would I be able to include the potential rent from my home as income? Would I need it to be rented prior to ...
Steve S.
How is my zillow rental listing doing based on these metrics?
I've posted an ad for the first time on zillow for my rental (previously use a Property Manager). I posted the ad last week on Zillow, Trulia, Craigslist, Hot Pads. I had the following view counts by day:- Sunday - ...
Josh Pryor
Evansville, IN investors?!
Evansville, IN REI! I am looking to see how many people from Evansville, or the surrounding area, would like to attend and be a part of a monthly real estate BiggerPockets meet up? Please comment and let’s see if we c...