Erik Trefzger
Does Seller Financing Count Against Fannie's Limit?
I've browsed through the forums and wasn't able to find anything on this, but I'm sure other people have this same question. I own 6 properties all financed with conventional 30 year mortgages. I'm considering ad...
Bernard Sanga
Collecting rents from a tenant without bank account
Hi,
I just completed a deal (duplex) and I inherited a tenant who does not have a bank account. He pays cash to the previous landlord.
I am new to real estate investing and would like to hear recommendations on wh...
Bill Jones
Creative Financing In a Nutshell
Creative Financing
In a Nutshell
Part One of ?
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There are No Rules as to how you can or cannot structure your creative financing deals, other than what is legal, moral, ethical an...
Jared Ryan
LLCs and personal mortgages
Hello BiggerPockets!I'm exploring the possibility of getting a 10-unit apartment building. With that in mind, I'm wondering if I should get an LLC.Benefits of LLC:1. If I live in the property, I, Jared, can rent from ...
Amy Zemser
Using your home equity to purchase rental units
Hi BP friends, I'm a landlord in upstate NY looking for some advice about generating revenues to purchase another buy and hold. For the past few months, I've been reading a great deal about wholesaling (I even starte...
Russell Holmes
Are there long(er)-term private lenders for owner occupied?
Hello BP,I want to see if anyone could point me in the right direction or offer insight on something I'm trying to help an old friend out with. This situation isn't one I'm looking to profit a dollar from. But if the...
Renee R.
Eviction for nonpayment of late fees
I have a tenant who has been late with rent payments since August. He's currently paid through Sept, but hasn't paid Oct. He has racked up $360 in late fees. He said Oct rent is 'in the mail' and that he can't pay the...
Omer Zakai
Where to invest in the US
Dear All,My name is Omer and I a new RE investor from NYC. My strategy is to buy and hold SFHs in C+ class areas. In the past few weeks, I have been active in Columbus, Ohio market. It is a hot and strong market, howe...
Kurt Gardner
Renter's Insurance - Should Tenants Have It?
My insurance agent has provided me with wise information on multiple occasions (the greatest money saver so far is to NOT escrow my insurance and bundle my properties when they are geographically located in close prox...
Justin Turner
Paralyzed by financing fear!
I am stuck. I make $44,000 year salary.No debt.No rent. (parents old house) $20,000 in savings.1. Should i look for a portfolio lender first or just go through the conventional route? I just dont want to get to 4-10 p...