Kai Kopsch
November Update: Housing & Finance Edition Charlotte NC
New Listings were up in the Charlotte region by 3.5 percent to 3,484. Pending Sales increased 3.9 percent to 2,765. Inventory shrank 14.8 percent to 6,526. Prices moved lower as Median Sales Price was down 0.8 percent...
Ben Carmona
Rental Income Requirements for Fannie Mae properties 5-10
Rental Income Requirements on properties 5-10.
OK..just spoke to Fannie directly to clarify rental income
She said Fannie is definitely saying that if you own properties and want to be able to use income from them t...
Sean Dawson
Delayed Financing Using The BRRRR Method
Has anyone had any experience using delayed financing for the BRRRR method? What are the pros and cons to this versus a traditional re-finance? I understand there is no seasoning period, but does that mean that you al...
Jordan Archer
When purchasing subject-to, how will the seller acquire another mortgage?
Hey BP,So, if I buy a property sub2, how will the seller be able to finance another property when they are tied to a 30yr loan? Are they stuck until that loan is paid off?Just trying to think of all questions a seller...
Kyle Eckert
radiators: positive or negative?
Hello all,In your experience when selling an older home rehab, do you find it a positive or negative to have a radiators as the heating source?Follow up: If you are installing whole-home AC anyway, do you leave the ...
Joshua Dorkin
BiggerPockets Crash June 3, 2009
Many of you have experienced a crash on BiggerPockets. The site is working fine, but our servers have been having issues with directing traffic. If you saw this image, then you know what I'm talking about.
I want t...
Natalie Kolodij
Possible Lonnie Deal- Need help....
I have a possible Lonnie Deal on the table There is a nicely updated 1984 single in a park a couple hours from me. They are asking 12k (a fair retail price for it here) but it's very clear they are looking to move and...
Eli Dahlin
How to get a tenant out, if their renewal gives them another year
I currently have a duplex under contract that has tenant in both sides. They have lived there for years. One since Feb 1, 2014, and the other since August 1, 2017.
The renewal terms says it will automatically renew f...
Kyle Pierce
Turning a Duplex into two separate condos or townhouses
I have been working with a seller to purchase his duplex, however the only way I see it working is if I can purchase the duplex then convert it into two separate condos/townhouses. The duplex is in salt lake city. Doe...
Kahren Aydinyan
Tulsa Banks Seasoning Period for Cash Out Refinance
Hi everyone, we're looking at some properties in Tulsa to BRRRR, and wondering which banks have the shortest seasoning period for cash-out refinance. Are most 6-12 months?Thanks!