Pete Fiannaca
What to disclose? Using a personal loan for Down payment...
Hey friends. I have sourced 3-4 private lenders (family and friends) who are willing to assist with property acquisition via private loans. This would not be for the whole price of the property, so I'm still utilizing...
Dallas Martin
Section 8 Housing Authority Paid Rent to Previous Owner
I purchased a six unit apartment building in June 2017. The building had one existing section 8 tenant with a second section 8 tenant to begin renting on July 1. Immediately after closing, I contacted the housing au...
Account Closed
Don't understand BRRRR strategy?
I was reading up about the BRRRR strategy and I don't understand how the refinance part works. Just wondering if I'm understanding this correctly. Thanks in advance!ExampleProperty bought: $75,000Renovations: $30,...
Tony Nguyen
How Much Higher Would You Pay For Seller Financing?
Hey guys,
I recently met a seller who owed nothing on his property. It's a good property, under 10 years old, 3/2 with 1300 sqft, etc etc.
The house has comps from 70k (fixer) to 90k (move in condition). It can rent...
Brad Decater
flip partnerships VS. long term rental partnerships
Hello all!My name is Brad Decater. I am new to bigger pockets and wanted to do an intro as well as ask a question to all of you experts out there! First off, I am very excited to be apart of this community and think i...
Sol G.
New tenant doesn't have security deposit
Hi all,
A woman that lives in Florida applied for my apartment in New Jersey, because she's coming back to live with her husband who live in New York (and works in NJ).
I was supposed to sign a lease today with a ne...
Kirk Cochran
Terminated Month-to-month Landlord Demanding Extra Month's Rent
Hello all. I am new to the forums and seeking some advice with how to deal with my landlord.I rented with my landlord for the past year. The original lease was from July 1st, 2015 to June 30th, 2016. Rent is $800 and ...
Joe Rinderknecht
Cash-Out Refinance or HELOC
Good afternoon BP, My question today is on whether or not I should do a cash-out refinance or do a home equity line of credit on my duplex?Here are the details on my house.- Bought with an FHA loan in July of '1...
S Harper
Damage Deposit Itemization - how detailed do you get?
I have a difficult tenant who I gave 30 day notice of non renewal on his month to month lease, moved out 1/2/16 (2 days late). He and his family have been very difficult with the move out; his son has told me he wil...
John Smith
Ontario - Tenants separated, advice needed.
Looking for advice on the following situation:Unit was rented out to a couple - let's call them Bob and Alice. Both Bob and Alice are listed as tenants on the lease - but financials are mostly provided by Bob.2 months...