Deangelo Mack
How do I respond to this question?
What do I say to the seller if he/she ask if I plan on living in the property or am I an investor. Do I be honest or say I'm going to occupy the property. I've gotten a few phone calls where I tell the seller I'm an ...
Andrew Wong
Newbie from California looking for REIs out of state
Hi BiggerPockets!I'm a programmer working in the Bay Area. Since the real estate in the San Francisco area is ridiculous, and ultimately unaffordable for me, I'm looking to do business outside of the area.I have a pre...
Andrew Nesbitt
Hard Money question (I dont want to get ripped off)
I've read on here a bit, but I would like to know what is a standard rate for a newbie getting a HML. From looking on the internet I see tons of advertisements saying 8-12%, 2 to 5 points, 6 months to 7 years. Bu...
Account Closed
I have one property, what next?
Hi Guys, I am very new here, I am a 29yo Aussie living in Australia. I currently have one house in Lexington, KY, valued at around $45-50k and I think it can be rented out at about $120-$150pw. I own the property outr...
John D.
Irrationality of HML rates -- one size fits most?
By way of background, I've bought 8 SFRs in the last 18 months, 4 with conventional loans and the other 4 in cash. These properties are worth approx. $2.5mil, and I owe less then $700k on the mortgages, so net...
Sol Dubnov
stuck with construction financing
Hi,
We've purchased a 2 unit fixer in cash as an investment but can not get a loan for remodeling it even though we have equity in the property. We own a primary residence on which we make mortgage payments. The re...
Kyle Keller
Tenants to vacate tomorrow, now need an extra day
The lease term for my tenants ends today and they just texted me (1030pm) that they need another day to clean the property. The relationship between us is not good, I thought my nightmare would be over tomorrow, but i...
Michael Strachan
How to be an Investor-Friendly Real Estate Agent
I am a realtor working in the San Francisco Bay Area and a frequent listener of the Bigger Pockets podcast. A phrase I've heard several times on the podcast as well as in the forums and at meetups is "investor-friendl...
Jaron Gin
Fledgling Investor in the Dallas/Fort Worth Area
Hello BP!I'm Jaron. I'm currently saving money living at home with my parents, and I commute about an hour everyday to the Fort Worth area where I work as a Mechanical Engineer. My journey in real estate investing s...
Cali Skier
Yet another "Tennant got a dog" post. Concern about retaliation
First off, great forum, I really appreciate all the help we have received here.
Second, I am not emotional about this, its a business decision for me, I am in this to make money.
We have tenants that are renting our...