Gary Marcus
Funding deals with HELOC
I have a heloc for $120K. I’m trying to figure out the math regarding buying power. Can I buy a property with a mortgage putting only 20% down and still make money needing to pay back both the mortgage and the Heloc?...
Jennifer Griffin
Trying to Collect Rent from a Tenant
We just recently acquired a 4 plex here in Colorado Springs that has existing tenants living in it. This was the first month of the tenants under us as the New Management. We were checking the rent amount deposited...
Dan Cioaca
Best way to submit a low offer on a listed multi-family
I have a 3-unit property on which I'd like to make an offer and I'm thinking of how to maximize my likelihood of having it accepted. A few details:+ house has been listed, de-listed, and re-listed 3 times (presumably ...
Tyler Kaye
1st Step Felt Easier than the Second
My first deal was to be owner occupied in a condo. This condo is downtown, one block from the main drag, with a peek-a-boo view of the harbor. I bought it off the MLS as a foreclosure and it was terribly ugly inside...
Tony Wang
Tenant (CA) Vacated Room w/out notice to LL before Eviction
Hi BP,We have a tenant that MIGHT have vacated from the room rental without completing a final inspection walk-thru that was previously agreed upon. I have knocked on her door, though no sign of anyone inside room fo...
Michael Logan
Our First BRRRR
Hey Bigger Pockets,I wrote my introduction post a week or two ago and explained how my wife and I began in real estate investment. We took the $50k from our cash-out refinance, and immediately went to work.We did som...
Account Closed
Sellers are trying to keep deposit HELP!!!!!
Hi all!
If anyone can give advice on how to handle this I would gladly appreciate it.
I made an offer on a home it was accepted, the mortgage broker I was initially working with never answered phone calls or texts. ...
Deborah Hill
What is formula for coming up with percentage of ARV
What is the formula for percentage rate of ARV. I've heard the standard is 70%. But then I hear that rate may have to be adjusted. And please give example. Thanks
Mic Nguyen
I need help with a pet policy violation
I have a tenant who is moving out this Friday and It has came to my attention that the tenant has had a dog in my property when the lease specifically states that I do not allow pets because Im am allergic to dogs and...
Denice Blair
I need to flip these houses what am I doing wrong?
How do I manage this Flip deal ?Recently I got several SFH leads in Florida. Being "New" to real estate investing. the very first thing I did was to scout for financing for a down payment . I got one which offered $5,...