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Results (10000)
Ben Skowronek FHA down payment requirements for lease option
10 February 2019 | 9 replies

I've heard FHA loans typically require a 3-1/2% down payment. I'm currently in a lease option agreement with my landlord. When I secure an FHA loan, will I need to bring 3-1/2% to the table? Or will the $41,000 paid t...

Ben Tischler How long is a contract valid and enforceable?
27 October 2020 | 5 replies

I have a property that I entered into contract with in June of 2017. The seller decided after signing that he did not want to sell. I opted not to enforce the contract at the time but would be potentially interested i...

Jaxi West wholesaling & 'under contract'
4 May 2013 | 3 replies

Hi guys
I completely understand how the wholesaling strategy works, but for the fact of my one hang up -putting the home 'under contract'

here are my questions to that specific:

1. what exactly does that mean - bot...

Ray Agosto A better understand of Rent to own .
24 April 2018 | 10 replies

Hello BiggerPockets forum , I need help understanding rent to own. I found a nice two bedroom cape cod style home that I would love to live in with my family. Only thing is my credit isn't the best and I am aware of t...

Allison Meggison Should i use a promissory note for earnest money or no earnest $?
25 December 2018 | 8 replies

An escrow officer in the San Diego area told me I don't need an emd to tie up property but I was under the impression that I did. Should I do a low emd or a promissory note for emd? I don't understand

Teresa Thomas CPA question for taxes
7 March 2020 | 12 replies

My husband and I are just starting out in real estate investing, we have done a ton of reading and listening to this podcast. We recently spoke with a CPA who said she has 24 years experience, but doesn’t specialize i...

Alan Bosca Tenant signs lease but doesn't pay first month & security?
10 February 2020 | 19 replies

Hi -What is the best way to avoid the situation of having a signed lease and no payment before move in?  Don't want to be stuck with a stall for weeks then non-payment.Does the act of signing make it a valid lease or ...

Jonathan Perez Mowing lawn in the evening/night. Big deal?
26 May 2017 | 6 replies

Is it a big deal if I cut the grass when I get off work in the evening? I was wondering if it would be annoying to the tenants or the neighbors to hear the lawn mower in the evening. It would be about 7:00-7:30pm when...

Kyle Martinez How steep are requirements for Hard Money Lenders?
8 July 2020 | 1 reply

I need to secure financing for a 4-plex in my community and it could easily make me 3x the mortgage with tenant occupancy. Would a hard money lender take into consideration the potential income gains? Is there quite a...

Daniel J. Margins with no money down!
2 December 2017 | 2 replies

If you are using none of your money,  are you willing to take smaller cash flow margins? For your profit, not paying back your investors. I realize that if you put no money down, and you make even $1 you are technical...