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Hello Bigger Pockets!Interesting situation: We called a gentleman (mortgage holder) on a property he previously owned. Mortgage holder sold the property to another person (Owner) on terms, and that individual stopped ...
Hi Everyone!I've been doing some research, and landed on a question that I don't know the answer to. It is clear that an FHA 203(k) loan can be used to purchase a mixed use property under the following conditions:1. N...
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We are looking to purchase our first STR and my wife is a (new) realtor. Can we use her 3% commission towards closing cost when financing via a non conventional lender like host financial?
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Hi Everyone,I have been working the diligence on a smaller park in a town of about 40K people. The park is grandfathered based on zoning and conversations with the City. They told me as a result that the park does n...
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Hi everyone, I have a question about taxes. I know I need to talk to a CPA about this really, and I will, just wanted to hear form the community also.. so here is the deal: I am under contract right now on a 3/2 town...
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New and trying to find which lane to pursue. I’m curious when you are calculating your deal, do you go at it the same way you would a long term rental? So for example, if I figure mortgage is $1000, and when I calcula...
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Hello BP Members,I am wondering if Jacksonville, FL market is that hot then why there is no other large turnkey provider besides JWB there?I understand they have a reputation and are a trustworthy provider, but their ...
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So I have been analyzing deals daily for months. I want to finally go forward with buying another deal, but I dont know if my numbers are ever right or if Im doing all of this correctly.I would absolutely love if some...
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We have a SFR with ADU and we are considering doing a MTR in Los Angeles for each unit as we can’t do STR on an investment property (that I know of). The property is in a very trendy area of LA and both units should b...
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A pipe broke in the wall of a rental house. The water went into the wall and into the carpeting in a bedroom. There doesn't seem to be any significant damage at this point, although mold could be a concern later on. S...