I'm currently in discussion with two lenders to secure a conventional mortgage for a SFH rental property. I have experience with PennyMac, and they are currently offering the better loan estimate. However, Rocket Mort...
Hi,
Soon to be first time landlord here
I’m asking for a 1 month security deposit but I’m not sure where exactly do I need to put this money. I searched the forums, some answers said “savings account”, some said I c...
I'm a relatively new real estate investor. My question is simple. Given my current situation, is it worth it to spend the money to hire a CPA to do my taxes. I own my home and one investment property which was rented ...
Hi Every single qualified tenant ( income and misc) has a previous court filing for an eviction( when I look up their name in the court system). I have been looking for months for a tenant. The rent is lower than mar...
I've been lurking, and listening to the podcast, for a while now and finally feel like I have something to post about. We are looking to buy-and-hold for passive income, more so than flip for quick returns.
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I am from Brooklyn, NY and i am very interested investing in Multifamily Units, I am currently looking in the Jersey City, Union City, NJ areas. I am told that these two areas are up and coming community's. I have a...
Hi all.Here is my scenario:Bought a duplex out of state last year. I took a HELOC on my primary residence for $200k.Used 35k down, 12k burned by a nefarious “contractor”, we eventually obtained a real contractor who d...
Hello Everyone,I am fairly new to real estate investing and bigger pockets. I am in the process of buying my second property in Texas. The property is a duplex and when I first saw the property the listing agent only ...
Hi BP friends. I'm currently a private money lender based here in Phoenix. I'm currently seeing a surplus of capital and reduction of rates with new competition. I'm looking for alternative options to place capita...
Hi,I am close on closing my first 4plex with a conventional loan (25% down). I am working on obtaining the second property with owner's financing. I understand that it is rare to find 100% owner's financing, but is it...