Patrick Thomas Dickinson
Tenants in common percentage split agreement
Hi bigger pockets folks, Closing on a house April 19th, 2022. Me and my girlfriend are trying to come up with a fair percentage split while holding title as tenants in common. Here are the financials. Let me know what...
Maria G.
Tenant wants to pay more than agreed
I have a rental property with a year lease. When tenant deposited the first payment they pay more than agreed because they are very happy with the unit. Should I do a new lease or an amendment whith the new amount? Th...
Palmer Thomas
Using paid off rental as down payment for DSCR loan
I have a paid off rental (approximate value $150k) that I was wanting to use the equity as a down payment on another rental house purchase ($200k purchase price). Is this a common thing most DSCR lenders can do? I d...
Ben Davies
90 lot park in Littleton CO Needs financing
There is a 90 lot park in Littleton Colorado that needs financing. We are hoping you can help.
Seller is closing Mid June unless the newly formed Co Op can find financing to buy the property th...
Victoria E.
Seeking advice on Seller finance terms
Hello, I am seeking advice as I am new to seller financing. I want to understand how to structure the finance terms.if for example the house is on the market for $200K1. how much do i ask for down payment2 going in...
Byran Parson
Is this a bad deal...
45k purchase price. 3br 1 bath SFH. 10k down. 35k borrowed. 10 yrs at 5%. Monthly princ and interest payments of 375. Taxes and insurance 100 a month. 475 total piti. 675 rent. 200 cash flow.
Caryn J. Bailey
COVID 19 Rent Moratorium Extended to August
Governor Cuomo (NY) has extended the rent moratorium until August 2020. Is any other state experiencing the extension? If so are landlords with fewer than 5 units exempt.And, interested in general thoughts.
Stavro Thinjos
Can I use HELOC towards a foreclosed home?
I have my heloc and i want to invest it towards a second property for vacation home. Does any one have an suggestions?
Brandon Turner
Grace Periods? Rent extensions? What do you do?
Do you allow grace periods? Like, "rent is due on the first of the month but considered late after the 5th".
We have a 5 day grace period in our lease - but because of it, no one pays till the 5th of the month. Eve...
Brittany Sanchez
Setting Up Online Payment
Hello BP Community!I was wondering what Online Service do you use to allow your tenants to pay online or through direct deposit? Any tips that you have to share for a first-time landlord is also very much appreciated ...