I closed on my third property yesterday and it felt great! I’m active duty and have bought a property at the past two stations I was out and then rented them out once I PCs’Ed. Now at my third station I bought another...
I''m beginning to start working on building out my 'Power Team' (REI attorney, REI friendly realtor, Property Mgmt., etc.). In some preliminary discussions I had, in particular with attorneys, they have pointed to the...
Hello All,I own five investment properties, all long-term rentals, and they all have mortgages on them, most of them with balances of less than 40% LTV. I recently spoke to a financial advisor who also is a real estat...
Hi All!
This is my first time posting here, and love what bigger pockets has to offer. I am located in Illinois and want to zero in on target markets for my first multifamily property. I want a data set that breaks i...
What are the requirements for holding tenant security deposits in NC? Do I have to open a separate account for holding security deposits?Do you recommend small community banks for managing monies from rental propertie...
Any thoughts on a small bank lending at 80% appraised value, 2 points over prime, closing in 4 weeks, $200 flat fee for processing (includes appraisal which is noirmally $350 here)...terms are based on 15yr loan....co...
Good day BP Forum,I co-own a few rentals with my partner. We currently own auto insurance through other insurance parties that we own our properties through, we have found a provider that can consolidate everything an...
If I get denied for a cash out refinance, could I ask the lender to do a lower LTV?Is this a good solution? Or would it be better to consolidate somehow?
Good morning, I have two tenant who want to rent my comercial space1. Dog day care2. Comic book storeWhich one should I chooseBook tenant : One of tenant has few late payment past due 30 days back 6 years ago she als...
Do any of you guys feel like me? So much information that the more read, watch and learn the more I fear to take first step.
"What if my numbers are wrong?".
"What if I missed a critical step".
Any advise,
Daniel