Ryan Biankowski
Cash Out Refinance Tricks and Tips?
I am nearly completed with my first fix and flip and will be doing a cash out refi in about 2-3 months. I was told recently that I could negotiate refinance fees basically down to nothing if I tried hard enough. Thi...
Luiny Tavares
1099 earnings VS. W2 earnings
Hello, Bigger Pockets Family,I am a new investor, and I'm trying to get pre-qualified for a mortgage, preferably FHA cause those have the lowest down payments, and also tend to have a lower interest rate, and cash on ...
Jorge Ruiz
Delayed Financing- What if the bank says....
Ok BP I know I've been talking about this for some time but as I think through some things they tend to pop up. So I would really like to pull of the delayed financing when the opportunity presents itself with a local...
Lee Kozokas
HELOC? Other Financing Recommendation? Please Help
Hello Everyone!I have a few properties which collectively appraise around $230K, with $42K of associated debt. I would like to obtain more properties. I have done some research and I am lean towards a HELOC on all the...
Patrick Philip
Tax question and one miscellaneous question?
Main point of the thread is about taxes for FY 2017. I bought my first flip house in September 2017. I am still working on it. Rehab should be completed by the end of this month.I know that once I sell it, I must repo...
Ashish Acharya
Cost to get MLS access after I get my RE license?
Hello All,I have decided to get my RE license. However, I am not trying be a full-time agent. I just want access to the MLS to be able to run comps and schedule appointments on my own.I did some research on what would...
Account Closed
Where do you obtain your data for indentifying a new market?
Hey BP!I was recently looking at some commercial apartment buildings and a thought came up. If you are trying to break into a new market that you don't necessarily know, what Websites/data do you use to identify if a ...
Account Closed
Lending My IRA Money
Talking with a syndication expert the other day, he seems to think if I lend my IRA money (using a custodian of course) to flippers that I'm somehow violating IRA rules, maybe doing business in the IRA. He suggests h...
Sara Ball
Insuring older multi-family residential properties
We just got slapped with a $20,000 sewer bill, of which Pemco claims they will pay zero. Tree roots busted the sewer main, needed emergency replacement on a Sunday, we got pretty screwed calling a retail plumber while...
Nikola Dokic
First Duplex/House Hack
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $600,000
Cash invested: $90,000
Purchased a duplex in the Sacramento Area, currently living in one side an...