Anton Ivanov
List of COVID-19 Resources & Relief Programs for Investors
There has obviously been a lot of discussion about this already, but I wanted to put together a single list of available relief programs and other resources landlords and investors can take advantage of right now.
I ...
Timothy Douglas
Private Lending Mechanics
When do private lenders actually get paid? Say I want to buy a house that's worth 45000 to buy and hold. I need a 9000 dollar down payment. Let's say I get that from a private lender. When would they actually get that...
Samuel Coicou
Incentives Landlords Can Use On Tenants
Hello Bigger Pockets Community,I am going to start renting a unit in the near future and I'm wondering if there's anything I can do to help get a tenant to sign a two year lease, and or establish an auto-debit to make...
Account Closed
Asking for guidance with innovative strategies
The 60/70 yo couple that made an offer could get only 125K, not the 140 they offered.
They have to keep their payments at 900 a month, and were planning to get an FHA loan since they don't have the 20% down for conve...
Joel Owens
401k question
Hey everyone I do not do residential anymore. A family member is buying a house with 10% down. Their parents are giving 5% down but because it's a conventional loan they are putting down 5%. Conventional only allow...
Linda L.
Note questions
I was browsing some notes.
Came across this one.
LTV Ratio:
51.990%
Original Loan Amount:
$33,000.00
Principa...
Account Closed
I have the downpayment! Not the DTI... Advice?
Right now I'm a 3rd year university student working a part-time job (25-30 hrs per week during summer and 15-20 during academic year). I only earn 12-13k a year before taxes. I only opened my first credit card a coupl...
Gregory Bertoncini
Put down additional 5% for 8% cash on cash return?!?!?
Hey guys! Looking for some opinions here. I’m buying a SFR to rent out to college students in my area. This house is going to be a solid money maker, on a low end looking at 30% cash on cash return, and as high as 45%...
Taylor Hutchinson
Advice on the best way to use HELOC
I purchased a condo in a La Mesa, 2020. It has been a STR since May of 2021 and when its not booked I live with my partner nearby. The condo is still considered my primary residence so I am looking into a HELOC with a...
Anthony R.
Using Pre-Tax Rent To Paydown HELOC
So it recently occurred to me that I might be setting myself up for failure. Earlier in the year, I bought a new building, but instead of traditional financing, this time I used my HELOC to purchase it. The numbers ar...