Nick Klomstad
CLOSING COSTS: FREE - HUNTINGTON BANK --- IS IT TRUSTWORTHY?
Hi All,In the process of closing on my first MFH and up to this point planned on using a Freddie Mac Home Possible 5% DP which locked at 4.25% 30 yr Fixed.I was approached by a mortgage broker about a program through ...
Clayton Silva
Things that don't actually happen - Seller Carry
One of the questions we get all the time from potential clients who listen to Bigger Pockets is: "can you work with a seller carry?" The short answer is: no, not technically. The seller carry, as most people underst...
Wencheur Antoin
FHA Loan Eligibility for Independent Real Estate Agents & US Citizen Working Abroad
Hello BiggerPockets Community!
I hope this message finds you well. I'm currently exploring the possibility of applying for an FHA loan and had a couple of questions, and I'm eager to tap into the collective wisdom of...
Rachel Chioreanu
Prop manager is withholding full years rent
Hi I recently had a tenant pay a full year rent upfront. Now my prop manager is saying he can only pay me monthly and not give me the full years rent as it is not legal. I have done zero research into this but figured...
Rasheed Chambers
Hard Money Loan for Beginners
I have a few questions about hard money loans such as:How does one approach a hard money lender? What kind of preparation is needed before reaching out to a hard money lenderAre hard money lenders worried about credit...
David Stott
Doug Hirt in Rochester NY
Hello all in Rochester, NY who are interested in getting justice in the form of prosecution of Doug Hirt.The Asst. DA is interested in hearing from victims of his scam. They have asked that I gather names. If you w...
Mike Miller
Is this considered being a "Tenant", legally? (California)
Without disclosing personal details as to why, basically I am letting a friend's son stay at rental house I have, for free for a bit. I am not charging him rent. He is the only one living there. He is reimbursing me e...
Greg Bishop
Value- Add Manayunk Tri-plex
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Philadelphia.
Purchase price: $350,000
Cash invested: $61,000
Value-add triplex in the Manayunk area of Philadelphia. Inc...
Anwer Shaikh
1031 Commercial Deal - Price Reduction or Escrow
I have a friend who is under contract on a commercial property and him and I were discussing his 1031 situation and I thought I would get an opinion from the experts in this forum. Property Purchase : $4.0M 1031 Excha...
Julie Hill
Am I estimating capital gains correctly?
Hey all, I have 2 stupid q's:1) I need to put aside $ from a flip we recently sold for capital gains. I am calculating 20% from the net profit (we are in CO)... including AFTER holding costs and reimbursing our own $...