Sam Rexford
Fed Cuts Rates by .5 - how should us newbies play this?
Hi BP'rs, I don't have a good sense of how the interest rate cut today will affect me as a new investor looking for my first deal... will it start to drive up prices of homes in areas i'm looking at as money gets chea...
Payton Law
Buying into a partnership without an LLC
My partner owns a rental home with the mortgage in his name. I am going to pay him cash and will subsequently own 50% of the home. Will a lender allow my name to be added to the title without messing up the existing m...
Kelvin J.
Problem. AC installed prior to closing but doesnt work.liability?
I closed on my first house with a freshly installed A/C. It hasn't worked properly since install. It is under warranty but after several visits the contractor is blaming the existing pipework (the 'line set' and drain...
Tom Pearsall
Trying to grasp how exactly this works, Buying a pre-forclosure
Hello,I've been trying to wrap my brain about how all this works and I have a question that should be easy enough for someone with experience to answer. I have been looking around my neighborhood on zillow trying to p...
Juliana Pell
25y/o North County San Diego, build or house hack?
Hello and thanks for reading!To get straight to the point, I'm currently living with my in-laws (not totally for free) & saving for a house with my fiance. (a licensed agent) We are both in our twenties. We curren...
Avee-Ashanti Shabazz
GENTRIFICATION vs REVITALIZATION
Revitalize: To bring life back. The act of redeveloping a area to initiate growth.Gentrification: To displace. The act of using the effects of real estate development as a tool (weapon) to uproot and force out the exi...
Sheng Ma
Unpermitted additions - JADU + ADU in CA?
Hope this is the right forum to post this. Currently in escrow on a home in CA that has a permitted additional 1bed/1bath (separate entrance) with an unpermitted kitchen, as well as an unpermitted studio garage conver...
Cody Sizemore
Seller Financing with an existing mortgage (Wrap Mortgage)?
I have a property that I am interesting in purchasing, and I have a good relationship with the sellers. I'm considering doing seller financing due to the higher interest rates right now, but they currently have an exi...
Rick Grimsley
Need short term loan to avoid PMI
Hello all, we are buying a property and selling our existing home. We have 150k equity in the house we are selling. We are already in contract to buy the new home. We will likely close on the new home before we sel...
Jerry Padilla
Only Exceptions To Qualifying For A Second FHA Mortgage.....
https://www.biggerpockets.com/blogs/5110/blog_post...The only circumstances in which a borrower with an existing FHA insured loan for a principal residence may obtain another FHA insured mortgage on a new principal re...