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Is it inadvisable to use a personal line of credit of $10k to put towards my down payment? The interest rate is slightly higher than 10% (less than a credit card, more than a mortgage). Trying to squeeze blood from a ...
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Hi all, well I have been looking into another short sale recently. I put in a bid along with 3 other people (2 months ago). I was the highest bidder and the bid went to the lawyer and the bank. A month and half later ...
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Hey,I was looking to get some advice from a lender regarding financing for a potential client I'm working with. Long story short, she was in the hospitality industry for years but now she wants to "work for herself" a...
In my areas I rarely have problems understanding the comps unless the properties are non conforming. I'm working with a property that is exactly like its neighbors. A little subdivision of low quality constructio...
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Hi Bigger Pockets ! I have a question about a note I am considering buying:
So it is a performing note for about $55000 located in Dallas, TX with a 10% interest and 45% LTV. No liens whatsoever. The only issue is th...
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Reading a thread about finishes in new or reno sale properties had me wondering if my approach is fuddy duddy. In my century old buildings I try to go classic and timeless, give the renters what they expect in the pla...
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Hey guys, I need some advice on a potential investment (Rental property), I've been looking for a couple of months for my 1st rental property and something came up this week, in a great neighborhood, 200,000 ARV selli...
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Does it matter if the CPA I want to work with doesn't reside in the states where I own property? Or not so much?
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I put my company name in my account info, but under the company tab of my profile the company section is left blank... How can I fix this?
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Is it normal for home owners to have no rental history on a property? My agent mentioned it was an elderly owner and this might be my first acquisition as it strongly fits the parameters I want. All 4 units are curren...