Sarah Cowns
looking for advice, starting out
Good afternoon!First off, I want to say thank you for reading this and spending your precious time helping me out. I'll start by laying it all out there.As most of us here at bigger pockets the idea of working until 6...
Curtis H.
$200K Equity Sub2 Question
Hello BP, I currently live in a home I picked up Sub2 about 2 years ago. The goal was to buy it, live in it while fixing it up with some sweat equity, and sell with no capital gains tax. Find a new place creatively, a...
Ana Marie B.
Paying off a Rental or Primary Res. -- Yay or Nay?
Hi BP Fam - The hubby and I have enough money saved to pay off either 1 of our rentals or our primary residence. Wondering how others might approach this, what makes the most sense, and why. Below are some data:1.) ...
James E.
It's 2018... someone tell my why these are still thing
Can someone please explain to me how, in 2018, we haven't come up with a better process for:1. The real estate title systemBetween title searches and title insurance - the real estate title system is a $15 BILLION com...
Nick O.
Incentives for keeping contractor/GC motivated to keep bids low?
Contractor currently charges % on total spent which gives him no motivation to keep bids low or fight for better deals with subs/suppliers. Wanted to get some ideas on how I can incentivize him to be motivated to get ...
Elaine Griffin
Help - Our Inherited Note is going to Sheriff Sale - what happens?
A few years ago we inherited some rentals & a few notes. One of the notes was in the foreclosure process. It is now scheduled to go to sheriff sale in a couple of weeks. The balance owed is around $100,000. We wan...
Rodney Kuhl
SSI income doesn't meet 3x monthly rent criteria - still ok?
So I have 3 applicants (a brother and 2 sisters) who don't work but get SSI disability income. Rent for my property is $850/mo, and I am requiring 3x the monthly income, which is $2550/mo in income. Combining all 3...
Ed Martinez
Down on Investment Property
What is a good guideline % wise on a down payment? If purchasing an investment property would you put more money in to get cash flow positive? Does that even make sense?
Jason Ruello
Advice on getting started...
First off I still have Alot to learn, so my questions are the most beginner type as possible. I think vacation rentals, air bnb/vrbo is where I want to get started. The more I read, the more I see how much is involv...
Shanna Beverly
"Subject to" Wrap Loan using owner financing and a RMLO
Hello all,
I am trying to analyze a deal for a potential "subject to" and wrap mortgage using owner financing and wanted to see if anyone could provide some assistance or recommendations based on the numbers....