Constance Chambers
How to vet private lenders? They creep me out
We’ve made over 10 offers on sound deals meeting our criteria, only to get beat out by “cash offers” so I’m considering private $ lenders & have been contacted by a few...but I get totally on the defensive every t...
Ryan Haase
How long does a claim count against the home?
We own a SFR that had two water damage claims, one in 2011 and one in 2012 for a total payout of $6,000. We bought the home in 2014, so these claim aren't against us, but against the home. I was just wondering how lon...
Ricky Harris
Trouble getting Equity out...
We have a multi-family property that we bought in 2019(it's our primary residence) with a private lender(family) 2.74%. 3bdx1.5br(fully renovated), 2bdx1br, converted studio garage(not permitted but fully renovated). ...
Tracy Franks
BRRRR a Short Term Rental?
Is it possible to BRRR a STR given there would be no long-term renter? If so, have any of you had experience with a cash out refi lender that willing to do this? TIA.
James Park
Best and Worst States for Taxes for Retirees
Interest article published by Kiplinger for the most tax friendliest states for retirees. The darker green states are among the most tax friendliest states.http://www.kiplinger.com/tool/retirement/T055-S001...
Georgi...
Dustin Brazeau
How can I leverage existing equity in my primary residence?
I'm looking into getting into real estate investing, or more specifically purchasing my first buy and hold rental. I currently do not have any savings I could dedicate to a down payment right now, but I do have about ...
Tristan Pearrow
Purchase Investment Property wwith No Income Docs - DSCR Benefits
Hey BP Community, I noticed a good number of questions I answer on here are related to trying to purchase a property, but having issues with income, so I think many of you will find this post VERY helpful. I really ho...
Juan Rodriguez
Rising property taxes lead to the next real estate recession?
There is a lot of focus on inflation, rising home prices and rising inflation. But will it be rising property taxes what will lead to a real estate sell-off and potential real estate recession? Based on latest tax ass...
Donald Pierson
Financing for 9 Months Using Investment Property as Collateral
TLDR: Fix & Flip (see BP report link View report). $725k (single family home; on MLS @ 1mil). I need $210 for closing. I’m using $100k of my own cash toward the total closing costs of $210k. For the remaining...
Brian Kim
What do you look for when working with a Hard Money Lender?
I've looked at the bigger pockets guide on working with hard money lenders but wanted to see what you all might specifically look for when choosing to work with certain lenders. What questions do you ask and what make...