Is there any penalty for paying down a mortgage early? I'm trying to get started in DC and the down payments needed for a conventional loan is 20% however, for a standard duplex that's in the 140k-300k range. I'm not ...
Greetings.Forming a JV with a friend to invest, broker(?), and trade notes.We are former partners in a bond trading background, and understand networking, brokering vs principal transactions, and how to protect our cl...
I have about 15k + 5k. 15k down + 5k reserves. However, if I choose to go no reserves, I can put 20k down.
I've read a few threads about reserve amounts and it seems most people are comfortable with 6 months PITI. ...
As mentioned in another post, I am doing my research about opening a self-directed Solo 401k. Sunwest Trust was mentioned here on Bigger Pockets as a no-frills option. I contacted them and ended up with another ques...
I am a new realtor/investor and have found a house that has been abandoned but need some advice. A neighbor told me they had their car repo'd then they just moved out; this was less than a month ago so it may not hav...
Hello, I hadn't given much thought about the type of business to register when starting in REI until I read this post by @Brandon Turner: https://www.biggerpockets.com/renewsblog/2016/02/2...LLC just seemed like the r...
I just want to say what a great wealth of information this website has been and thank anyone who contributes to my post. I am 26 years old and have been interested in real estate for a number of years but have never ...
Hello All, I am looking forward to entering the world of real estate investing and I'm reaching out to the BP community for advice on how to work through a financial dilemma. I have plans on purchasing my first turnke...
I have a tenant that for the last 3 months now has paid around $900 of the $1200 rent on time and then the rest around the 20th . The PM has been charging late fees but they don’t pay them. They are struggling to pay...
This is a personal issue, not an issue with an investment of mine, but it involves rental real estate so I thought I'd ask for input from the community experts.
Several years ago my family went to a lawyer ...