Cesar Escobar
Using an FHA 200k Loan to finance purchase and rehab.
"Section 203(k) insurance enables homebuyers and homeowners to finance both the purchase (or refinancing) of a house and the cost of its rehabilitation through a single mortgage or to finance the rehabilitation of the...
David Zachery
Hey there! New to this in Louisville
Following the steps here and introducing myself. I'm an audio/visual engineer in Louisville. My wife and I love HGTV and want to flip a house, but since HGTV is NOT reality, I'm trying to educate myself in real w...
Account Closed
I saved $10K. What are some realistic options?
Hello BiggerPockets,I'm new, but I'm hoping to become a regular. Some quick background on me, I'm in my late 20's, single, work long hours, and am currently purchasing a single family home. I recently refinanced my pr...
Nancy Schneider
Landlord Friendly States/Cities
Would like to hear from landlords which states/cities are landlord friendly? I currently own in Florida which IS landlord friendly. Have owned in Chicago and Philadelphia and those places, not so much. Where else b...
Olaf Stieber
Investing Part Time vs Full time
I am a 34 year old web developer in Milwaukee. I purchased a single family home in 2015 in Wisconsin and did a full rehab on the house with the help of contractors. I really enjoyed the work and have been torn betwe...
Lilla Horvath
Bookkeeping Security Deposit
Is a security deposit regarded as income for bookkeeping purposes? I'm using Excel spreadsheets for now to do my bookkeeping. How do I account for the security deposit without inflating the cashflow? How do I account ...
Andraise Scott
LLC Conflict and Confusion - what's right?
Hello BP,I'm operating out of Maryland. I have heard and read that if you are going the LLC route, the property needs to be titled (before/after purchase) in the name of the company. An accountant is now telling me ...
Chris Lawrence
Buy & Hold Condo or Sell
I currently have (1) rental property. It was my primary property for (3) years. It is a condo which is currently appraised for 80k and I owe 55k ( 15 year mortgage @ 3%). I have a great tenant who is going to sign ano...
N/A N/A
Financing Options. Short and Long Term
Ok Im new to investing and am trying to figure out the best strategy for financing. Here is my situation:
- I own my home now for 3+ years. Owe 102k on this home and it just recently appraised for 145k.
- My credit...
John Green
Retail Shopping Center Evaluation
I am looking at doing my first commercial real estate deal and I'm wondering if it is common to put a risk factor, based on vacancies, when evaluating the purchase price. In other words, the shopping center I am looki...