Hi Everyone!I'm still devouring the forums and the fantastic J. Scott books. In the Flipping Houses book he mentions a very general and conservative thumb-rule for figuring if flipping REOs / short sales is a viable o...
So I'm working on my first flip and this question came to me. Is there a market out there for old appliances? A house that I have under contract built in 1959 seems to have the original oven and range top. If I c...
Hello BiggerPockets friends, I am very excited and thankful to become a part of this community. After discovering my fascination with real estate several months ago, I have been researching and listening to BP podcast...
I recently started a forum topic about getting advice on starting out.http://www.biggerpockets.com/forums/12/topics/2066...You can find that post here.As I was reading some responses, i was wondering if this strategy ...
I am trying to determine if it is worth paying points down on my mortgage refinance. Basically the break even point is 37-38 months and it's a property I plan to keep long term as a rental. So I see not real reason no...
My mom's mortgage broker told her this: "A conventional loan, Fannie, Freddie, or VA, FHA do not allow title into a LLC. Commercial loans (5 + units apartment buildings) allow it but not for residential. Or an Alt A...
Hey guys,
Lets say you have 300k cash, no debt, no mortgages and you live in LA (valley area). What would you do? Invest out of state? Would you aim for appreciation or cash flow? If LA what part of LA?
Thanks fo...
When is it going to be a buyer's market. It seems like sellers are wanting inflated prices for properties that need all kinds of work. Has anybody seen an uptick in better deals in the Buffalo NY area
Scenario: The signed A-B contract cannot be altered before assigning it to C (absent agreement by all parties, not likely and cumbersome). What happens if C (conveniently) fails to close and we reach the deadlin...
Hello,
I recently acquired a triplex rental property in Philadelphia, PA. The electric is already separated. However, the gas and water are not.
The tenants pay for their own electric usage. The landlor...