Eric DeVito
traditional loan vs HELCO? Which should I start with?
Hello all, so I narrowed in on an area I want to invest in which is Allentown, PA. Looking to get a SFH. My question is I can use a Traditional loan but the property price will be lower due to the amount of savings I ...
Danielle J.
Contingency funds
Hello all,I was wondering when it comes to a fix n flip how much should be allocated for contingency funds? Is their a particular percent or $ amount of the ARV that should be allocated for contingency? Who sets the c...
Denny R.
Michigan lender for smaller loan amounts and LLCs?
I hope everyone in the US had a nice holiday!
Does anyone know of any lenders that work with LLCs and smaller loan amounts? Specifically less than 50k after 20% down. I'm having trouble finding anyone in my area that...
Andrew Kusuda
Buying a home to pay for kids college
I'm very new to bigger pockets but i'm very interested in the concept of buying a property to hold for 18 years and then using the equity to pay for college tuition down the road. Can anyone give me some clarity into ...
Andy Wu
Tenant moved out but not return the key
The lease is going to expire by the end of this month. Tenant already moved out, I sent email and message to contact the tenant to do the final walk through, no response. They still keep the keys.I visited the house 2...
Ryan Esaki
What to do with Capex savings?
My brother and I inherited 2 rental properties that are fully paid off. They bring in around $1850 in gross rents. They're not new houses so I've been budgeting for capex stuff, but I'm not sure how to handle the mone...
Ronald Mejia
Turnkey or Rehab/Rent
Good morning BP!I have been trying to decide between purchasing a turnkey rental or a distressed property to fix and rent. My funds are pretty limited (30k-40k), after running the numbers on the turnkey it comes out t...
Matt Rekowski
Go with my FIL (contractor) for flips and BRRRR?
Hello all,I could use some advice. I’m getting started in a market where my father-in-law (whom I’m very close with) happens to be a phenomenal general contractor in the area. I worked for him for a few years (while o...
Crystal Ball
Bigger Pockets dream come true!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $385,000
Cash invested: $118,000
Contributors:
Brad Penley
A bigger pockets dream come t...
William Taylor
How long to wait before firing/going to another contractor?
I initially hired this contractor ~4 months ago. He has been doing great work, and we are close to the end (last 10% probably). I have only paid him ~35%, as we had an agreement due to tight budgets, and he would be r...