Ryan Rogers
Can you collect a whole year rent upfront?
Hey all! Great to find this amazing site with so many helpful community betters. Been reading a lot of the knowledge and insight you all have been offering and it's great stuff, thank you!I have a question if you ca...
Matthew Masoud
Property Analysis for First Rental, Help a Noob Out!
Hello Bigger Pockets Community,I've been looking around the community for a while now and listening to the podcasts. I finally decided to take some action. I got preapproved and start placing offers. My first few offe...
Jafar Seife
Appraisal and Closing Cost
Listed a property and got an offer for a full asking price. The buyer is an FHA buyer and not asking for closing costs. Instead they are adding closing cost of $3200 to a purchase price. Property listed at $84,800. Of...
Michael V.
Double closing with a balance left on the home?
HI BP,I am looking forward to my first wholesale deal soon. My distressed seller wants to get rid of his home but has a hefty balance left on it. Of course i want to make sure i get a good portion from this deal but i...
Katharine Chartrand
HELOCs for investing
I am evaluating offers from several banks for HELOCs on my investment properties. Basically, after my houses are rehabbed and while they are on the market, it is sometimes good to be able to borrow against them wi...
Shaun Reilly
Closing cost credit on an REO
Anyone that knows the actual REO department side of things with a bank might be able to answer this question for me.
I was bidding on an REO and had a small (less than 3%) closing cost credit in my offer. Af...
Jeff Takle
Tenants want technology!
The National Multi Housing council released the results of a survey last week of 1,000 renters and their preferences. Findings of NMHC’s Apartment Renter Technology Survey include:
* Lower-income renters are...
Arthur Clark
Ohio transactional funding
I have clocked a few hours on BP since joining. From many of the forums I have read a brokers license is needed in the state of Ohio for wholesaling.An alternative is to buy the property and then resell to another inv...
James Graham
Inherited a Property, Rent, Flip or Sell?
I recently inherited a property and am unsure what to do with it. I have a cash offer of $50k as is. In order to rent or sale the property, I will need to invest $15-20k. After rehab property would be worth $80-85K. ...
Andrew Pensch
Thoughts on investing out of town
My wife and I currently live in Orlando and absolutely hate it. We both have jobs that will allow us to relocate anywhere in the Southeast.
The areas we really love is the Nokomis, Venice, and Englewood area of Flor...