Sofiya Cherni
List of lenders who don’t require HOA to carry flood insurance?
Hi, sis is selling a condo rental, the sale fell through because buyers’ lender requires for HOA to carry flood insurance (which the HOA doesn’t have and don’t plan to have in the future) as the property is located in...
Chris Platis
Chris from Brooklyn, NY –– new investor & aiming for Upstate, NY
Hi, Bigger Pockets! My name is Chris Platis, and I'm thrilled to be here. I will be a first-time investor, from Brooklyn, NY, and am primarily focused on small multifamilies throughout Upstate, NY for buy and hold and...
Ashley Rae-Lynn Taylor
Pre-Foreclosure Advice Needed
We found an off market deal that is in pre-foreclosure. What are some things to search for before making an offer? What could pop up that we may have to pay for once making an offer? The owner seems clueless and just ...
Jason Malabute
multi family exit cap rates
It is becoming more popular to underwrite deal and calculate the terminal cap rate by taking the current market cap rate and add .1% for every year it is held to make deals work. For example, if the market cap is 5.5%...
Jeff Piscioniere
Operating agreement for 3 way LLC
Hello everyone! Myself and 2 partners are getting close to purchasing our first property together and we will first need to form our LLC. It's pretty simple, 3 ways equally. We would like some input on the types of...
Laurent Feral
Refinancing a Hard Money loan into a long term mortgage. Problem
Hi y'all!I have a roadblock with refinancing .I want to sell a Fix & Flip house with owner finance, in Dallas Fort Worth , TX. The house is in my LLC, and currently being rehabbed. Funding for the rehab comes 70 ...
Rich Schroeder
no land survey
Hello,
I see many homes where I'm going to be buying (SFH's and Multi-FH's) where they are being sold as-is and without a survey.
The lack of survey concerns me. I thought that a survey needs to be done on every s...
Paulus Anglada
Country/Farm Niche?
So I'm closing on a fixer this weekend. 3bed/3bath sitting on 10 acres. About 2 miles from my house. I'll be doing some major renovation, and plan to re-fence the pasture for horses. I'm thinking it might be a good ni...
Benton Moss
Raising money from family and friends
Hello BiggerPockets Community!I wanted to reach out to the community because I am mulling over raising some outside investor money from family and friends to invest on their behalf. I have had several of my family mem...
C'era Oliveira
What makes a good wholesaler?
Hi all! I'm new to real estate and I am planning on investing this year! One of my first goals is to wholesale and it seems like my best option considering my financial situation. I plan on using the money that I earn...