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Hello BP!Can someone please explain to me IN DETAIL how Hard Money loans work? I understand that they look at the ARV of a property and then lend you x% of that (usually 70%), but what are the actual steps of getting ...
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Hi fellow BPers! My neighbor here in NC has the opportunity to buy a 10k home in Toledo, OH. It is currently rented for $495/month and the same tenant has been there for a year. He knows the area is rough, and he want...
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Hi everyone. I have a home that I purchased in 2010 for 25k. I'm just now renovating it and it will be finished in a month. If I sell it in 2013, will it qualify for short or long term capital gains? I've owned th...
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Hey all - I've been thinking about real estate investments for several months now and learning a lot from this forum. I'm interested in finding a SFH property to cash-flow. I'm too nervous to buy an out-of-state prope...
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Greetings Bigger Pockets Fam,I currently own a single family rental property (turn-key), fully managed by a property manager in San Antonio, Texas. I will be moving overseas in December, and I am looking for ways to ...
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We are supposed to be closing on on a property Nov. 22. The seller told us everyone was paid up and no one was behind. We did another walk though inspection with the current manager, and she informed us that one tenan...
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Hello All,I'm looking for some advice on local landlord clubs/associations. I recently acquired 2 multi tenant properties in South Eastern Ontario, and I am looking for some good resources for things like credit chec...
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Hi everyone! I am new to this site. I have watched several videos and read articles about using a HELOC to pay down your mortgage. These resources also mention that it only works if you use your HELOC like a Checking ...
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I'm not sure if this is of any interest to the community here, but from where I sit it's getting to be downright fascinating.
With recreational cannabis legal in WA and CO - and momentum toward legalization e...
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Anyone done a wrap around mortgage in WI ? I have a property that i hold free and clear, but wanted to cash out. So doing a 30 year fixed now. In the meantime, i am advertising this property for seller financing so i ...