I’m looking for advice on using a Hard Money lender. I understand the underwriting process is a bit different from bank financing where they prefer you have a property under-contract to move forward with qualifying. M...
We have a two family home. We live on one floor and the other half is rented. The property is being sold for $1 million with a mortgage of about $300k. We're planning on doing a 1031/121 combo. The rental half is esse...
Dear Bigger Pockets,I'm in the process of getting pre-qualified, so I can get out there and start investing. There are many lenders all vying for our business and each have their ups and downs. How do you evaluate the...
hi everyone, I am a newbie in bigger pockets and in real estate investment even though I bought two rental properties a few years ago. I have been reading a lot and watching many youtube videos to learn about real e...
So I posted recently about the new HUD regulations regarding tenant screening and blanket denial for any criminal record. It created a very interesting discussion, but also prompted some questions, at least for me.I'v...
So my buyers are short 5% on a non-owner occupied 4 unit property in San Jose we need to be at 75% ltv and currently only have 80%. the realtor on the transaction is willing to buy into the property 5%. I am wonderi...
My wife and I purchased a primary home about 1.5 hours from Los Angeles, CA and are looking to give short term rentals a try. What is your experience in transferring the title to an LLC? Or just getting an umbrella po...
Hi everyone!
Hope everyone is enjoying their new year. My wife and I are close to closing on our first STR property in Saint Augustine, FL. I have listened to numerous podcasts about being able to prove material part...
Hi All,This is my first post in this forum. After reading endlessly on the process, I recently realized that I will need to actually purchase a property at some point (go figure). My plan is to find a 2-4 unit multif...
Hello,I am new to the mortgage process and I wanted to get an idea of how much I might qualify for if any but I’m finding the process rather difficult. I called lending tree and they put me in touch with quicken loans...