Hi All,
I need to make a decision soon on this. I've run into a situation on a historic house renovation I'm in the middle of. My hard money lender cannot extend their loan for personal reasons. They said they are mo...
Before you answer I have found a property:3 bed 1 bath.Rent 1250 -1300Expenses in normal financing 750-800Cash flow 400-500/ month before maintenance.I own a rental and took a loss last year for one time expense renov...
Hello,
Curious to know what you'd do in this situation. Rent is due today (October 1st). Tenant asked if we could work with her to avoid late payment fee (assessed if rent not paid prior to or on 4th day of month) si...
I am in San Diego area. I don't see how the 2% rule can apply to california. The housing here is very expensive. Even at lower value property area. Say the average house there is about $500k, and the rent average ...
Hi All,
I just want to know all your feed back that I got these following questions from a potential tenant who ask these just a few days before promising to come to sign the lease...are any of these red flags or nor...
This will be a bit unorthodox compared to a number of the other posts I have seen on BP. I have personally been investing in real estate sporadically over the last 5 years with a small amount of success (about 10 doo...
Hello BiggerPockets!
This is my first ever post here.. I have been holding off until I figured out the niche of real estate that I wanted to get into, but everything sounds so tempting and interesting. Then I realize...
I’m looking into buying my first investment property here in Medford Oregon. It’s a bit stressful at the moment with low inventory and high interest rates. I keep hearing one day that the markets going to crash, rates...
Hello. I plan to buy my first rental and received a pre-approval from a mortgage broker for a loan of 6.068%. I understand that the interest rate is higher when you buy an investment property, but I have really good c...
Hello,
Is a HELOC easier or harder to get than a cash out refi? Are they the same?
My credit is good. I am only worried about denial from my income.
I have over 40% equity in my property. Assuming that I cannot get ...