Kevin Danikowski
Tricks To Increase Closing Credit from Seller?
I'm looking for a way to increase the amount of seller credit at closing. I have a deal for an agreed upon price i.e. 300k, but it's worth more, i.e. 350k. So i'm "purchasing" at this price while trying to maximize th...
George P.
Prospective tenant with bankruptcy
What do you guys think about renting to people with bankruptcy on credit report? (just theoretically - want to see what the community standard is).
if I am not mistaken, an existing tenant who files for BK will not ge...
Brian C Kelleher
Boston - Advice on mortgage types for owner occupied 2-4 family
Hi All,I am looking to buy an owner occupied 2-4 family in the East Boston/Chelsea area this spring with a 5-10% down payment. I already own a 2 family house in the Boston area so this would not be first time home buy...
Jason Schmidt
The automatic millionaire homeowner
I got this book for fathers day and have been really enjoying it. The problem is this - it sounds as though it will be of no help from a cashflow standpoint until the rental properties i purchase are paid off 30 year...
Leon Lee
Seeking Advice on Next Steps for My Real Estate Focus
Hi BP Nation!
I currently have 20+ units that serve short-term, mid-term, and long-term rentals. As I look ahead to the next 5 to 10 years, I’m at a crossroads and could really use some advice from this knowledgeab...
Josh Parra
Boston Newbie
Hello everyone!
My name is Josh Parra and I currently live in the Boston area, Savin Hill to be exact. I am a United State Marine Corps veteran and local business owner with a boutique real estate brokerage and a do...
Nelson Barss
You probably DON'T need to wait 6-12 months to refinance...
I want dispel a myth that I hear repeated quite often on BP and elsewhere... this seems especially important for folks looking to use the BRRRR strategy...Here's the myth: "Investors must always wait 6 to 12 months t...
David Smith
working with mortgage broker?
Just talked to one. Lender pays for broker's service. Broker can shop for terms and rates for me, instead of I apply with only one lender. It is a good way to get good deals?I need to do a REFI and condo mortgage.
Joe Kim
Selling my FIRST investment property! Help!
Hi Biggerpocketers!I'm a relatively new REI that started my buy/hold adventure about 1.5 years ago. I caught the real estate bug and caught the tail end of the great recession in 2013 and bought 6 doors (4 SFR, 1 dup...
Robert P.
Good Deal?
Two Family Property, 2BR/1BA each unitPurchase Price: $175,000Gross Rent: $1,800/month (might be able to get more, but let's play it safe)Monthly Expenses:Mortgage (includes taxes, insurance): $1,213PM(10%): $180 (pai...