Bob H.
Would you approve an applicant with a big advance rent payment?
What do you think of this rental applicant?Cons: A bankruptcy "less than a year old" (I'm not sure if that's since filing or since discharge), no recent rental history because he was a homeowner, a new wife from his n...
Luke Slapa
Banks won't approve me for a Cashout REFI!!!
I recently purchased a rental property for cash with a short term unsecured loan because it was such a good deal(numbers below). I figured since I owned 100% equity in the house and I am only seeking 65% LTV I would h...
Ryan Copeland
Lender vs Lender, what do I do?
So I am going through the lending process with another lender and we just got my rental appraised last week. Now Quicken, who has the current mortgage, has gotten the notice that I’m about to pay off the loan and then...
Aliyah Conley
Should I spend my cash....
Hello, After looking high and low, coming across deals that are under contract and in closing by the time I contact the real estate agent, I have found a nice duplex in a decent area for a great price. I have been sav...
Jeffrey Duck
Every applicant seems like a scam
Hi folks - I'm new to Bigger Pockets and to landlording. As I was getting started, I found a lot of great information here and hope it will be a good place to help me get started.I recently inherited a triplex with 3/...
Jason Nguyen
Which strategy works best for the current market condition?
As you may have known, interest rate went up a lot recently and that forced the majority of retail buyers out of the game. Therefore, flipping takes longer to sell or may need to go down in prices if on market too lon...
Terry Lao
Las Vegas #2 best on Case-Shiller Index of 20 largest city metro
Recent article from the LA Times showcased nearby San Diego as the number #3 city for largest year over year price increase at 7.8%. See article link http://www.latimes.com/sd-fi-case-shiller-august-2...Did you know t...
Scott T.
The Legality of REIs Paying a Finders Fee to a Realtors, etc. ???
Hello BPers,I recently met with an experienced realtor who worked for a larger RE brokerage in Arizona that after a decade or more experience remains under the impression that a (non- licensed) investor cannot pay a...
Shaun Calloway
Paying over asking in Houston and making a profit?
I found a deal the other day that looked like this:
$100k for 3/2, 1600sf, decent yard, decent location, comps could maybe get to $150-175k, no mortgage - house is paid off.
Whats the problem, right?!
This house n...
Patrick Jacques
How much is TOO much social media?
As a realtor, being visible on social media is pretty important. Or so I read. Seeing as 90% of society has a smart phone glued to their face a majority of the day.But what have you found to be sensible amount of so...