Running into my first low appraisal and need a bridge loan until I can stabilize the property, bank knows that once its stabilized we will get the high appraisal we need. The appraiser went with sales data instead of ...
My business partners and I are trying to purchase a 63-unit deal (spread across 6 buildings) near Cedar Rapids, IA with a Fannie Mae loan product. We're after their low interest, 75%-80% LTV, 30-year fixed rates, and ...
I managed to purchase a 1982 3 bedroom / 1 bathroom (with jacuzzi tub) home, with all working appliances, w/d, furnace, updated water heater, very large shed, and some updated flooring for 2K. My initial intent w...
I’ve been invested in an array of multifamily and MHP private syndications as an LP for 2 years now, a convenient way to invest in real estate passively while I work overseas, leveraging the experience of a reputable ...
Hey biggerpockets community. Me and my wife just brought a house, for a decent price not the best because it doesn't have equity in it ( A concept I just now learned). This is our first home so we don't know too muc...
I'm hoping the community can offer me a few options and advice on how I can leverage an old employer 401k account for my first deal. I'm 25 and left my first job out of college to pursue a new career. The balance in m...
My partner and I recently purchased a 1300 sq ft home in Detroit's Bagley neighborhood. It was built in 1929 and needs a complete rehab. The system is a boiler and all the radiators are missing. We had the heating sys...
I'm renewing the leases for a duplex that has 2 units: upstairs (3 bedroom, 3 people) and basement (2 bedroom, 2 people + 3 pets). There is one meter for both units. The strategy I have been using as recommended by my...
Hi,I own a property with 2 cottages on the same electric meter that I pay the bill on. When i renewer the leases I changed it so they would be responsible for their own electric bill (they have been abusing it with sp...
Newbie here, hope you all are well!The husband and I have been reading, studying and listening on the BP community for around a year and are beyond grateful for this community and the wealth of knowledge.Due to credit...