Derick Jennings
New to this
Hello I am Derick, new to all of this. I am after my first door. I would like to do something real soon!! What has worked and what has not worked? I will take any advice.
Johnathan Robinson
Poke holes in my analysis
I’ve got a prospective property in my sights with the following data included below. On first glance, it looks like a property I should pursue; however, I’m a newbie and probably should seek the counsel of the more wi...
Tim Wang
Newbie Rehabber - Need 2nd Opinion on Contractor Quote
Hey BP!Closed on my first home 2 weeks ago and boy is it scary/exciting. It's a ~1050 sqft 3/1 SFH with an attached 800 sqft 1/1 ADU. I'll be living in the ADU while the main house is rented out. Both sides need a lot...
Matt Crawford
Multifamily Financing: What is the best option?
Hey BP, About 9 months ago I purchased a dilapidated 7-plex in Maryville, MO (north of Kansas City, MO) and have been in the process of rehabbing the property. I financed the rehab through a construction loan with a l...
Andrew Vogt
To use equity or not?
I have been investing for about 4 years now. I have 2 SFH and 1 duplex. I prefer to buy distressed properties, fix them up and hold. I typically am able to achieve this with no $$ down as I get an as completed a...
Craig Desnoyers
PMI with a lower interest rate or no PMI and a higher rate
Hey everyone, This week I signed my first contrast for a duplex and went to two different lenders in my area for pre-approvals. My question is which loan is better in the long run. I am purchasing the property at 125k...
Jim Sestito
Current Lender Reached Out about interest rates
BPReceived an email from the lender that gave me a conventional loan (4.5% rate) on a two family. Basically said "rates have dropped, and we should talk"- I have a call with them tomorrow. What is the advantage for ...
N.A. N.A.
where to find info for negotiating NNN lease
Hello,
Relative has a stand alone NN property (drug store - national tenant) and lease is currently being renegotiated. I am in a small market - central NY. No growth. Believe store to be reasonably good p...
Jordan Brinkman
Purchasing property "subject to" when mortgage is behind
I am new to Bigger Pockets and figured you guys could help me out. I have a potential deal where I can purchase a home "subject to". The problem is she got behind 3 months in 2016 (approximately $8,000) and has never ...
Eric Abel
W-2 Jobs for knowledge
Hey there BP Community! I would love some suggestions and advice. I have been on my real estate investing journey for about a year and a half. So far, I've obtained my buy and hold rental property, a duplex I'm house-...