Max Katelouzos
Question about HELOC
I am new to investing and gathering information for my first deal. I’m interested in a HELOC but had a question. Let’s say we are hypothetically headed for a downturn in the market and my equity is as high as it will ...
Bry Thomas
My first potential deal seems a little strange...
Ok so a quick back story. The property Im interested in is actually the house I grew up in. Before talking about emotions hear me out. My mother had a thirty year $30000 mortgage on the house with the mortgage comp...
Lee Pegram
Do you use Craigslist to find homes?
I hope this is helpful and I am not posting something someone has already posted. I have been looking on Craigslist and buying mobile homes for the last 4 years. This last year I found an awesome app on my Android sma...
Dave Egan
Should this EMD have been lost to HUD?
As an investor in HUD properties, the expectation is always to lose an occasional deposit, but this time?
My cash offer was accepted with 45 days to close. 45 days later, HUD could not close. The title officer said HU...
Francis A.
Middle-class homeowners will get 'priced out permanently':
"The number of homes for sale reached an all-time low in December, as buyers remained active and eager to buy even during the holiday season. National inventory declined by 39.6% over the last year, and fell below 700...
Robert Fink
Housing Voucher Amounts (Section 8) in South Jersey and SAFMR
Hi all - hoping for some advice on renting out to housing voucher program tenants in southern NJ. Right now I own two properties that each have a HUD 2021 SAFMR of $1900+ each (4 bedrooms each) that will be ready to r...
Linda S.
Screening-- include overtime hours?
Hi BP Community,I just wanted to check in, and see what other landlords do with screening. Our property is a duplex, and one side requires $675/month or 3x income is $2,025 minimum income. A potential tenant recen...
Andreas W.
Anybody performed an eviction in Durham NC county?
Ok, tenant is late, 10 day notice period has passed and tenant went into hiding. It seems I might have to file for eviction. I would love to file and have the court papers handed to the tenant creating a wake up momen...
Jacob Miller
Roth IRA and First Time Homeowner
Would like to get the opinion of members on their experience using Roth IRA funds as a first time homeowner. Is it true that if you are a first time homeowner you can use money from a Roth IRA for a down payment? Can ...
Raheem Mills
Should I Sell or Keep for My First Rental Property
This is my first forum post on Bigger Pockets. I'm brand new to real estate investing. My wife and I currently have a Townhouse with close to $40k in equity. We would like to purchase a single family home for more roo...