Brandon Fitz
Advice Needed- Rent or Sell
Hey all,
I am currently in a conundrum. I bought a property roughly three years ago. At year two of owning the home, we refinanced (since interest rates were so low) and have since moved out and now rent to a tenant....
John Havel
Refinancing an FHA/203K loan to Conventional (Cash Out)
I'm wondering how long it typically takes to refinance an FHA or 203K loan to a conventional or if its even possible to do that in a short timeframe such as within the first year of the FHA loan. I'm just getting star...
Linda Quint
late fees and incentives to pay on time
Does anyone have a sure-fire way to get tenants to pay rents on time? How many days should I give before charging a late fee? What is a fair amount to charge for late fees if rents are in the $1000.00 range? I would...
Daria B.
Seller and I are at an impass. :-|
I offered on a property done by rehabbers. They want to make their profit and I want to make my returns. Originally, they priced the house at $94,900, someone else offered and financing fell through. I don't know if t...
Alex Corral
Those who finance investment properties
Do you go with a 30 year mortgage or 15 year? I just closed on my first REI and took the 15 year. It was $146 more per month on a $60k loan. Seemed like a no brainer with the interest savings. It's not cash flowing mu...
Mark K.
Disappointed in Scott Trench
Scott, @Scott Trench,I must say, you truly disappointed me with your negative article on stock investing. https://www.biggerpockets.com/renewsblog/2015/04/16/ridiculousness-of-stock-picking-waste-of-time-young-investo...
Wendell De Guzman
If you can invent a time machine - what will you tell your younger self so you won't make that BIG real estate mistake
OK...this is NOT just because I am a sucker for time travel stories BUT...this forum thread will hopefully HELP both beginner and experienced investors alike. How? By openly sharing the mistakes that each of us have m...
Sean Haran
Newbie with high income - Invest local or long distance?
Hello all! I’m a Bigger Pockets junkie and aspiring investor. I’m 26 years old, working as a solar sales rep on a full commission 1099 pay structure (no hourly/no W2). Income varies month to month from 8-10k per month...
Gil Ganz
balancing investing in notes with existing job
hirecently got into the note businesss, i really like what i see so far and in the last two months have purchased three non performing 1st lien notes. looking ahead a few years from now, i would like to reach certain ...
Johnny Lynum
Multifamily vs. Single-Family—What’s Your Take?
If you had the chance to invest in your first property, would you choose a single-family home or a multifamily property? I’ve heard arguments for both, but I’m curious—what’s your preference, and why?