Account Closed
OH NO FURNACE INSTALLED INCORRECTLY BY SELLER! What do we do?!?
Happy Holidays Everyone! I would appreciate any help or guidance on this. We just bought a house located in East Bay SF - California. Escrow closed December 2, 2020.Background: Prior to purchasing we had paid for a h...
Snehann Kapnadak
Structuring Acquisition Fees
Hi All,How do you present a deal to an investor with the goal of being compensated for it when it closes via an Acquisition Fee? If I find a deal, but don't have capital to bring in and instead work on underwriting, d...
Scott Fournier
How should I shop for a mortgage?
I am new to the game of real estate investing and I wanted to know how should I approach shopping for a loan? I'm mostly indecisive on whether I should shop around for a loan myself by calling multiple banks or if I s...
Ivan Jouikov
REO Weird Addenda?
SO i have an REO property under contract and apparently the seller's agent sent us some forms that we're required to fill out as a part of "standard bank procedure." My Realtor said "sorry I don't know what they are" ...
Andre Strickland
LLC or no LLC "first rental"
Hi I'm Andre, I live in indiana I'm currently try to close on my first investment property which is a 2 unit rental.. My question is should I form a LLC or not due to tax purposes because I work as an electrician maki...
Daryl Crabtree
Is there 100% financing?
Hi! I am new here. I wanted to become a real estate investor and got all the way up to where I couldn't buy any because I M BROKE! Is there such a thing as 100% financing? I can get good deals (70-75% LTV) but need to...
Baxter Finch
New Member From Spokane, Wa
Hello BiggerPockets Community!I am about as new to the RE landscape as they come and have been perusing the forums of BP and others to get a good grasp on what is all entailed when looking to invest in real estate. I ...
Chan K.
Boston MA Home Equity Line, Commercial
Hi Commercial RE Investors,I have a question regarding home equity line of credit or HELOC.Here is the scenario:I went to a local bank asking for a line of credit on my 6-Unit. The lender would offer me an 80% LTV of ...
Sima Meh
Should I buy a property with mice problem and likely mold in the basement?
I have a ratified contract for a property. Among other things, the inspection showed signs of pest (mice) inside the attic space. (Tunnel holes in insulation and droppings). Also, the insulation in attic was noted as ...
Michael Faudoa
How do you estimate ARV?
I just found a duplex with some potential. How should I go about estimating the ARV on it? I am hoping for a step by step of what you guys might do when deciding what the ARV is. Or do you just ask the agent to do it?