Archimedes Jao
Down Payment on Short-term/Vacation-Rental Investment Property
Can I pay the down payment on an investment property with a home equity line of credit or home equity loan? The mortgage banker I spoke with said we had to have 25%.
Chris D.
Need clarification on builder's risk policies
Hello BP family: I'm doing some lending and am getting conflicting information on builder's risk policies. Need some advice on this very confusing topic. My rehabbers often don't want me to speak with their insurance ...
Dan B.
Shortening Your Learning Curve
“Shortening your learning curve = making more money quicker.”http://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookAs recommended by the BP community, I read the "Re...
Jon Klaus
Condo conversion?
Condo conversions typically take a multi-family property and convert each unit to individually titled units that can be bought and sold independently from one another. Ideally, a lot of equity can be created. Anyone...
Jerome Nunez
Software / App That Handles Maintenance Requests
BP, I've been on a long search for technology and applications that allow me to automate parts of the tenant journey (leads, apt tours, screening, rent collection...). I don't see any reliable apps that focus on handl...
James Letchford
First Circle Private Money
BP Community: I closed on my first deal about a month ago and it feels GOOD. I have the real estate bug bad now. I acquired my first property via online auction for 45% of ARV using a HomeStyle Loan. I'm in the middl...
Hersh M.
List of lenders and states they can lend in
So I talked to a few credit unions and they dont lend out of state. Some dont even lend out of county. Talked to a few lenders and they can only lend in certain states.Hence my question. Is there any good place where ...
Amit Sinha
Jersey City Journal Square Multi Family Investment
I am interested in buying a 2-3 unit multifamily house in JSQ are of Jersey City as an investor. All the units are for rent. A few questions for the experts here :1. Setting up an LLCWhen should I set it up? How do I...
Jamal Wells
Philly Rehab and Flip
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $85,000
Cash invested: $28,000
Sale price: $195,000
Bought a vacant house and converted it into student ...
Matthew Church
Partnership Opportunity with nephew
I am considering doing a partnership with my nephew who is a real estate agent here in Utah. He currently is an investor with a few properties where they rent out each room in the condo with a shared common area and a...