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Hey BP! Working on closing my first deal and I'm wondering if my thinking is correct. I am purchasing a 3 flat that I will be living in and this is my first home purchase. I have ~$20,000 total in my Roth IRA and I wo...
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My understanding is R-X designation indicates residential where X is the number of dwelling units per acre allowed.I fully understand why a second dwelling unit could not be created on this R-1 zoned lot of about .6 a...
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The Commercial property itself for the most part qualifies for the loan vs. the fico score of the borrower with residential property.
You are able to obtain NON-recourse financing (not personally liable) for commerc...
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Greetings everyone!First, I apologize for asking something that must be obvious for most people on BP. I have recently started poking around notes (mostly out of curiosity and for my own education) and one thing that ...
Do you use one? What dogs do you exclude?Thanks in advance
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Hello Bigger Pockets!I'm a Realtor in Phoenix, AZ and I was wondering if there is a such thing as investors out there who reconstruct loans for families? I have someone in a situation where they can no longer afford t...
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Hi I am currently evaluating a prospective tenant for a room in my personal home that is 74. He's able to get here himself, able to follow conversations well. I do like him and he's on pension and SSI income and will ...
I recently discovered you guys and am taking in as much info as I can. One roadblock which keeps coming up on financing. I have perfect credit (800 fico) and cash to back me up (200k) however I do not want to throw al...
Hello Everyone,
I am a REI in Buffalo New York and I was just trying to find copies of wholesaling contracts. Do anyone know where I can find copies or do I have to create it myself? Or do anyone have a sample copy ...
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So, I'm not completely new to landlording. I currently do short term vacation rentals with a condo in the mountains. This month, I'm closing on a 3/2 condo in Denver metro and I plan to step into long term rentals. I'...