Rick Borgo
Can a borrower rent a property to his co-borrower?
The scenario is like this:Brother and Sister own a property together. Both are on the mortgage. The brother co-signed as the sister did not have enough income/credit at the time. The sister, a W2 employee, currently o...
Won Sung
Canada & US Dual Citizen buying in Canada
Hello all. I am a Canada/US dual citizen. My primary residence and job is in the states. I'd like to buy a property in Richmond BC and let my parents live there. They will be paying the mortgage/rent but I need to be...
Account Closed
Am I at fault for this?
Hey Biggerpockets community! Is it possible to retrieve a physical recording of your phone call conversations with your mortgage company?.. I unfortunately do not have the saved confirmation codes they give you when y...
Bill Brunelle
Paying Property Taxes
I'm wondering if different counties have certain time limits on paying property taxes. Is their a certain time limit or a certain month?
Taylor Cameron
Use arbitration deal or close directly?
Hello everyone. Looking for some opinions on what to do with this deal. I will most likely be occupying one of the units at least for a little while. My main goal is to house hack and make my monthly expenses as low a...
Michael Van Brunt
Need some advice please
I am considering purchasing a package of town homes. The numbers show 15% CoCROI using the rental tool on BP and I think it is in an area that has potential to grow in years to come. 1-What are your thoughts on town h...
Liam Rosenberg
What does a HML consider a “Renovation Expense”?
I’m buying my very first house in North Miami. I’m just starting the process of searching for a property, but I’m trying to figure out my budget. I will have $30K in cash. So my plan is to put 10% down and have a hard...
Jason Lee
Contract for deed options
Sold a property using contract for deed on a 10yr note at 9% apr. Property has been seasoned for one year, and now looking to sell the contract. I have been offered a couple of options. 1.) Partial buyout 5 years of ...
Dave McEvoy
Anyway other than wholesaling for this particular house?
I have a potential wholesale property that this owner called me on regarding my bandit sign. Comps show potential ARV $180-190k. His balance for mortgage is $88k, but payment at $2260. County records show he bought in...
Lance H.
% of income for Primary residence?
Hi everyone!
I'm considering purchasing a new primary residence in the near future. In my opinion banks are still way to generous on how big of a loan they will allow. I'm just curious, what do you all think is a...