Can someone explain how escrow works? This is all new to me. Let’s say it’s a situation where your principal & interest payment is 200$ per month. Property taxes are 90$ & your insurance is 600$ for the year (...

Anyone use Dwolla? Thoughts on it?

I am under contract on a house that I will be able to nightly rental.  I've been successful on my other 2 nightly rentals.  I do not have the cash for the down payment.  I was going to HELOC one of my investment prope...

BIGGER POCKETS,

I just recently purchased a property Subject To with no money down.!! I found a distressed seller who had just recently evicted tenants that hadn't been paying, and they were completely fed up with ...

Im making this post to see if I can obtain more detail from all my BP experts on MIP when financing with a FHA loan. Ive read up on it a little and it seems FHA and 203k loans require this premium that requires you to...

I have a seller who is tired and wants to get rid of his five unit building. He is entertaining Owner Financing. I am meeting with him later and need to understand it so I can help him feel comfortable with the deal. ...

We currently use Avail for rent collection. Normally the tenant will initiate their payment, it will take 3 or so days for the payment to withdraw and another 3 or so to deposit into our account. We’ve had some issues...

Which online rent collection do you use and why?

I live in NYC and have bad credit. Wanted local help and or where to turn to. 

Hello,I am in the process of closing on my first property, a triplex I plan on owner occupying for 1 year. I can afford to put 20% down and still have a fair amount of cash reserves. My question is whether it makes mo...