Not sure this is the correct category - but i received a letter from a “Consumer Law Attorney” letting me know that “according to court records a foreclosure had officially been filed against you (me)” and that they w...
Hello BiggerPockets crew! I am currently looking at some investor type loans. I plan on going the conventional route and was quoted interest rates of 3-4%. I know it will not be the 2-3% because it is not owner occupi...
Hello everybody!I am very interested in an opportunity to purchase a 72 unit storage complex that has a NOI of about $55,000 per year, that number also includes property taxes and insurance. This complex has great bu...
Hello BiggerPockets Community!What’re the steps that an investor should follow during the due diligence process when analyzing a property to determine if it’s a good deal and safe to purchase?What’re typical mistakes ...
So as I prepare for closing on my first house hack (hooray!), I have been digging into various types of flooring to replace the current and disgusting carpet with. When it comes to prepping a home for renters, versus ...
I found a lender that will loan 80% future ARV. I have to get list of repairs/upgrades, they appraise, them loan 80% of that. It is 12 months interest then converts to a 15-20 year amortization one time close loan. Ca...
A year ago, I took out a HELOC on my primary residence to finance two of my investment properties. I owe nothing on this house, so the line of credit is substantial. I now plan to move in with my significant other and...
Hi all. I'm trying to analyze deals and am not sure what values to use for estimating expenses. @Scott Trench recently posted a great piece on his Instagram account, basically saying the "50% Rule" is misleading. Many...
Looking at buying a condo in LA and wondering if anyone on here has come across TIC arrangement and what your thoughts are. What are the pro and cons on this type of arrangement? Any assistance would be greatly appre...
Investment Info:
Single-family residence fix & flip investment in Port Angeles.
Purchase price: $210
Cash invested: $100,000
I purchased this property in October and now have it on the market. I...