Andy Mirza
Advancing Escrow for NPNs
This is similar to another post about advancing property taxes for NPNs with a few differences.We will make advances for escrow accounts for owner occupied loans, in which the borrower may file Ch 13 Bankruptcy. Keepi...
John Vang
Homeowner's insurance question (FHA househack)
Hi all, I'm in contract on a house hack, using an FHA loan. My lender's telling me that I need to make a one-year, advance payment on the homeowner's insurance to the lender (which holds that one-year payment in esc...
Zach Ledford
Tax advantages of personal ownership vs LLC starting out
I am just starting out in my real estate investing journey and have been reading what I can find about buying properties personally vs through an LLC. Many say that early on it is (for the most part) preferred to buy ...
Patnaree Conrad
Any advice for long term rental in Lehigh Valley as a newbie!!
Hi I am new in REI and looking for to invest in Lehigh Valley PA, I just got approved for a loan. And Looking for where to buy!! I tried to analyze deal as much I can. Love to connect with this area investor as well. ...
Rasheed-mass Ali
How do I contract a private Loan with a Colleague?
Greetings, Bigger Pockets community! I'm seeking your help in locating sample contracts, understanding crucial considerations, and learning how to modify contract terms. Specifically, I aim to create a zero-interest l...
Nili Yosef
cash on cash and closing costs- need your opinion
Hi All,These days what would you consider a minimum cash on cash return on a small multifamily (4-8 units) that you would be comfortable with to make purchase? And from your own experience how much was the closing cos...
Brian Wilson
Job Change Impacting Loan Qualifications
Hi BP!I know typically lenders want verifiable employment for at least 2 years to qualify for a loan. If you lost your job, and then gain new employment at a higher salary within the same industry a few months later d...
Paul Lucenti
HELOC or Home Equity Loan lenders
Hey everybody We own 8 rentals in Philly, we are looking to pull some cash out or get a HELOC in order to continue scaling. Our main issue is these properties are owned in an LLC. Does anyone know of any lenders that ...
Adam Harrison
Larry Goins Ultimate Buying Selling Machine
I have heard a lot of good things about Larry Goins and his Ultimate Buying Selling machine. How does it compare to Eric Medemar's Real Estate Investing Course: Ultimate Wholesaling, which I purchased recently? Is one...
Amir B.
Buying with Cash vs Loan. Best Cost Effective Method.
Hello BPers,
I recently started thinking about the cash offers I have been making for the past four months. I wanted to know if buying with a cash offer and refinancing later on, to pull the cash out is cheaper than ...