Hello BP,I was just reading a blog post on here about what to ask your contractor before hiring them. I have one deal in progress with an out of state contractor I have never met but was recommended by an agent that I...

When you're hiring a contractor, how do you handle payment. Will they want payment before? If so, it doesn't make much sense to pay until you're sure the work is complete, right?

It makes sense to me to pay half be...

Hello!I am currently in the process of purchasing my first multiunit house hack in the Philadelphia area. I am using a 3.5% down FHA loan and have received a loan estimate on a property. The property is $425,000 and t...

Hi BP, I currently have a meeting scheduled with a Hard Money Lender that specializes in fix & flips. I have a list of their required items but what are some questions I should be asking them to ensure they are th...

How do your capex and maintenance numbers on long term hold rentals compare to your assumptions? Looking to get some clarity on this matter -- a lot of people on BP suggests a percentage method, which I think can be a...

Hey BiggerPocket community,I'm in Canada and I found AIMLOAN. They offered me that:Please see below for term calculation on the amount $200kLoan Amount: $200,000.00Loan Terms: 6 MonthInterest Rate: 8.00%Repayment Plan...

Some lead sources I'm working with throw out deals that require all cash. I like some of these deals and want to participate. I have the cash to purchase but ultimately I would rather use leverage so I keep as much of...

So Im currently going through the contract for a property, and trying to weight the options of paying closing cost up front or having lender pay them for a higher interest rate %3.5 and $40 dollars more a month
With ...

Hi! I’m looking to refinance cash out of my three unit rental property. I owe 140k and it’s appraised for 280k, so I’m looking to take out around 60k. Positive cash flow of around $1200 per month before refi. My quest...