Mark Palazzo
4-plex with borrowed Down Payment
This deal is for a income generating 4plex in a good area. It is fully occupied and needs no work. $340k was the accepted offer. I am working with a few lenders but they all want 25% down. I have the ability to bo...
Justen Ashcraft
mortgage plus reno all in one mortgage?
I am looking at a property that I will probably bid 75k on. It needs about 30k in renovations, and the property should be worth 150k arv. My question is about the mortgage, can I have all of the reno costs in the mo...
Matthew Lindsey
Reissue Lead Paint Disclosure and EPA Pamphlet, Term Leases?
Hi,I have given my tenants the EPA Lead Paint Pamphlet and have had them sign the Lead Paint Disclosures previously. My question is when renewing a term lease for the same tenant, is it necessary to give them another ...
Petr Blasko
Tenant sue landlord over security deposit
Being sued by former tenant for not returning security deposit. Part of the deposit was actually sent by certified letter but never claimed and returned back. After month and the half sent another one. Tenant claimed ...
Lovorn Brown
Commercial property insurance
We currently have our property insurance combined with our personal insurance. It is insured as rental property, and is also covered under an additional umbrella policy. Recently I talked to another insurance agent wh...
Celine S.
Security deposit in WA and new RCW updated law "exception" question
Hello everyone, I'm in a bit of a pickle... I have been renting my townhome up in Issaquah, WA for the last 10 years with no issues. This last year, I rented it to a family with a section 8 voucher. Let's just say it ...
Marc Dufour
HELOC
I applied for a HELOC 4 months ago with a bank...still processing. Can I apply with a new bank in parallel or will it impact my credit score to apply for 2? How long does it typically take to get a HELOC?
At what tim...
Thomas Lee Nuckles
Should I start an LLC for my first rental?
I’m new to real estate and I hear a lot about starting your LLC. Should I start one for my first rental? And if so, where do I start?
Vera Davis
Need help with wholesaling
Hello
I’m a beginner wholesaler I have not made my first deal yet because . I need help with the steps to take basically I need help putting a system in place with the proper paperwork and key people. Can any one help?
Kyle Kinsley
Cash for Keys California
Hello BiggerpocketsWe have a situation where we are going through an eviction. We have served the 3 day notice and now the 30 day notice. We are thinking that cash for keys would be a better option for both us and the...