Hi Bigger Pockets community. When I'm buying a property, does the bank look at where my earnest money has come from or are they happy to accept it as face value i.e. do they ask to see 2 months of seasoning for the fu...
This is tricky for me. What NAIC code do I use to register my short term rental. I googled it and some are saying 721199 for all other travel accommodations, 531110 for Real estate rental or leasing of residential bui...
Hello! I have a 2-unit property zoned RT-3.5 with a nonconforming basement apartment (3 units total). Does the existence of the nonconforming unit preclude me from adding an ADU coach house in the rear of the property...
Can anyone provide any insight on whether or not Wilson, NC is a good city to invest in rental properties?
I'm finding with my lender that they don't want to lend me with less than 20% in the property, even if the numbers look good. Why is that? They say it's Fannie May rules. How do I skirt that? i asked them about PMI, t...
Hello BP community!! I am looking into building multi family units (5-10) from the ground up in LA county, Orange County, San Bernadino and Inland Empire. Can anyone help me out with the construction costs? Is there a...
So we have an old 3 unit building in Stamford which we've been updating where we can. The roof and siding has been updated, windows, doors, etc. One of the HAP tenants moved out, so we are redoing the whole apartment...
Hello all! First time poster here. In the last 6 mo. I have acquired 3 properties, all 3 have signed 1 year leases and I just accepted a new job in a different state(2 hours away) increased W2 job by over $20k per y...
Hey guys, i have a Duplex thats cash flowing. Bought it for 225, 200k still on mortgage. Its now valued at 360k. HELOc is letting me access 100k, was going to use a portion of that to buy an ocean view apartment in Pu...
Hi all, one of the prospects is an owner of a car repair shop near by our rental property. Our property has a large outdoor parking space, which they will be naturally & possibly parking their clients' cars. Is th...