Patricia Steiner
Fannie Mae Introduces 5% Down Payment Option for Multifamily Homes; Owner Occupied
For those investors who are looking to acquire and occupy a 2-4 unit MF property, it's going to be a lot easier to do so. Look at this:"In a significant policy change, Fannie Mae has announced that, starting from the...
Varinder Kumar
Rat Problem with tenant
I recently have a rat issue at my SFR. The rats are coming in from the roof. I called a rat exterminator and he said there are 3 openings on the roof which they are entering from. He set traps in the attic and said he...
Joel Silverstein
Sky rocking property tax
Hi everybody,I am pretty new to BP but it looks like a fantastic website and community..I started investing in Hartford a while ago so i can defiantly use advice from people having experience in this field. I current...
Calvin Kwan
Convert Duplex to Triplex in Oakland, CA
Hi Guys,
My duplex in Oakland is zoned RM-2. I would love to convert my duplex to a triplex if possible. I'm currently renovating my rear unit and it has the perfect layout to split into 2 units by adding a wall and ...
Shannon Young
What form(s) would members recommend between investor & flipper?
I am looking for a document that me the (flipper) and the investor can sign that explains the deal, investment and return on investment. Any suggestions are appreciated. I want everything to be clear. I am looking for...
Alexandra Diaz
How to evict a tenant after purchasing a house
I'm in Pennsylvania and I recently bought a house with a detached garage and 2 story building. The building and garage were rented with a signed lease stating the tenant pays $10 a year to store her things there. It i...
Gary Borrilez
Buying a lot of land and building a house. Help Please.
Hello everyone. Im new to the bigger pockets website. I joined because i am interested in creating long term wealth. Im thinking about buying a lot i found and building a house to either sell or keep as a rental pr...
Pat Robertson
"security deposit/last month rent" at closing is wrong- now what?
I recently bought a 4 apartment multi unit for an investment property. It was fully occupied and the total amount received from seller at closing for "security deposit/last month rent" ended up being short by $800 (o...
Leonard L.
Speaking of owning vacation rentals, anyone own Mexico rental, esp. Vallarta?
I vacation a lot in Mexico, and am considering buying a condo in a great complex (the Icon) in Vallarta. Anyone have experience to share?
Keith W.
Hard money interest only payments
For example, there is a $100k rehab loan. The investor requests a draw for $10k to cover the first part of construction. Are the interest-only payments based on the $100k or Just the amount drawn? In this case, the 10k?