Daniel Sabato
Getting Approved for a Loan
Hey everyone! So I'm planning to buy my first property towards the December area, give or take. I'm wondering if there's anything I should be doing now in regards to the loan process and whatnot. I plan to take the ow...
Account Closed
Shady Characters
I wasn't sure where to post this as my situation is a little odd. I am working on behalf of a friend to get his remodel project finished. It's an older place in San Francisco and a 4-plex. He first applied for the per...
James Hatfield
Help Needed!! My ticket to financial freedom!
Good afternoon,
I'm looking for some help. I work for a family business in commercial contracting, with my own contractor's license. I'm currently studying to get my real estate license as well. Does anyone here hav...
Mathew Hilton
Carpenter Ants / Mold / Foundation Issues
Got an inspection report back from a property with the above titled issues. Here are the quotes/pics from the report:Re carpenter ants:In the EXTERIOR section: "There is missing siding at the SW corner and the old woo...
Kris Benson
Evaluate My Term Sheets from my Lender
BP Team,
Our new multifamily development project was approved via the Common Council of our municipality last week. We are good to go to begin our engineering study and submission of architechtural plans. I...
Ryan Tagliamonte
Tips for First Showing
Hi all! I decided to make the jump today and call a few different real estate agents for a couple of properties that I'm interested in in Philadelphia. After a couple of good conversations with some agents, I have a f...
Bob Flynn
HACKS THAT MAKE MORE MONEY WHEN SELLING A HOME
“Famous Odysseus, great glory of Achaea, draw near, and bring your ship to rest, and listen to our voices. No man rows past this isle in his dark ship without hearing the honeysweet sound from our lips. He delights in...
Account Closed
local (expensive market) vs. distant multifamily investing vs. triple net . . . ???
my san francisco home of ~30 years is about to close (under contract for ~$2M+) and i need to shelter about half for a 1031, since we rented the downstairs & the cottage. the SF home is ~95% paid off, so i'll have...
Johnny McKeon
Quoted over 8% interest rate for owner-occupied fannie mae 5% down 4plex
Hey BiggerPockets family,I was just approved for an owner occupant, Fannie Mae, 5% down with a purchase price of $1.3 million for a 4plex in the Phoenix Metro of Arizona
My middle FICO credit score is 759
My cur...
Mike Migliaccio
Tax loophole
Does anyone know if partnering with a seller of a multi family building could allow for the seller to defer paying capital gains taxes as follows: I partner with the seller by buying in for a fraction of the fair mark...