Andrew Olsen
Wanting to learn more about Property Management with Mobile Homes
So I saw this add for Property Manager on craigslist and wanted to get some feedback on the challenges of managing a Mobile Home Park. What is the upside and downside. If someone is good how do they structure profit ...
Jamal Okon
Baltimore B.R.R.R.R. Strategy... First Rehab!
All,I have a property under contract that needs to be completely gutted. The estimated cost to repair this 4-Unit is $120,000.The purchase price is $16,000.00. They are all 1 BRs in a C area. Monthly rents for the ...
LOUIS LEATHERS
Should you use the max amount of your preapproval?
Using my VA Loan my preapproval goes as follows:
1-Unit: $484,350
2-Unit: $620,200
3-Unit: $749,650
4-Unit: $931,600
I live in Chicago, IL and I am tempted to buy a 4 unit in a great neighborhood (and live in ...
Carlos Goulart
Bank Loan Options for Investment Prop Refinance w/ Cash Out
Hello BiggerPockets community.
I’m looking to refinance a 2- Family (non-owner occupied) investment property with a cash out option to help finance another future investment property. Is 70% LTV a standard or are the...
Buddy Holmes
Self Directed IRA doing a mortgage note for a SFR purchase
I am buying a SFR as an investment property. It is out of state and will not be used in any way personally.I have a Self Directed IRA and would like to start trying out Mortgage notes.Is it OK or prohibited to do a f...
Daniel Devin Jewell
I need to pick a bank for a HELOC
Okay guys I need help!!Basically I'm trying to decide the pros and cons of what bank to use for a home equity line of credit.I'm going to lay it all out so bear with meI work in real estate full-time as a boots-on-the...
Bruce Gibson
10, 20, 30 Rule of Thumb Method
I recently stumbled upon something a contractor said on Facebook. He was stating to find the potential repair cost you must multiple the square foot by 10, 20, or 30 ($10 sq ft for a basic facelift, $20 sq ft for a mo...
Stephanie G.
Keeping security deposit
I moved from our rental in Feb. i rented for 7 years. I paid a $1400 deposit along with a $500 refundable pet deposit. Before leaving, I notified my landlord in writing that there was a door sticking, slow leaking...
John Kim
ON-market with Agent vs. Off-market?
As a wholesaler, what do I need to do and not need to do with an MLS property that the agent will take care of? It seems like most are going for Off-Market deals mainly due to competition and price. But for an ON-ma...
Connor Swalm
Flipping
Hey guys, this is my first real post, but I figured it's time that I start putting some content on here because now I know enough to give some decent advice, probably not the best, but I will help anyone out as best a...