Leonard Lamb
FHA/VA One Year Owner Occupancy Requirement
Why are occupancy requirements for owner occupancy set at one year. Is this federally mandated, legal precedence or other reason? Please no guesses.
David Robertson
Selling a house without an agent - process?
I've got a flip that we are near completion and I have a buyer lined up to purchase the property.
What is the process?
What do I need to do as the seller?
What do they need to do as the buyer?
What closing costs s...
Bryan Paul
First Time Home Buyer
Hi All, My wife and I are looking to buy a house in Long Beach, NY and we are first time home buyers. Our plan is to buy a 2 family house and use the house hacking method to get started as RE investors. Currently we h...
Justin Park
Impact of rebuild zoning issue on property value
Hi BP, checking in with a question I probably should have asked this forum weeks ago regarding an issue that came up in the appraisal of a two-family university rental I'm under contract on.Appraiser noted that a zoni...
Rhonda Blue
Investor client needs lender for BRRR. Refinace/new purchase. SoC
Howdy BiggerPockets community. I"m in Southern California and I have a client who purchased her home in Oct 2016. She has done massive and impressive renovations and now rents part of it on Air Bnb for a nice profit....
Armando Fernandez
Hard money loans
Is it a bad idea to get a hard money loan for a first flip? Do you need money down? Do you get one under your name or a DBA or LLC? Do you pay monthly or is there a timeframe when it is due in full?
I am brand new an...
Ryan Green
Need Help Creating "Investor Packet" contract paperwork
I am at the point where i am ready to start asking people for private money and use the BRRR method of building a successful real estate portfolio. I've worked as a bartender for the past 6 years at a high end restaur...
Stephen Underhill
Converting a 5plex down to a 4, a good idea?
hey everybody, i saw a property that just popped up locally and i wanted to get some feedback, but first off, im not looking for so much details just yet, as much as concept. (numbers would come later if positive c...
Ryan Raak
C buyer = A's family
So, I'm working a short sale and just received counter offers from both the banks (1st and 2nd) so I have a max amount I will be paying for the property and now the owner tells me his dad wants to buy it from me all c...
Anwar Alkabs
General Contractor Help
Hello everyone, I just bought a single family home from a wholesaler in the bay area. I am looking for a trusted general contractor. Any suggestions? I appreciate the help. Thanks