John Geldert
How to decide lien position with two private lenders
I have found a deal and it will be purchased with a partner as a JV. Now if we both bring in private money how do you decide who gets 1st or second position? I currently have an LLC in which the house can go under. A...
Erik L.
Job Relocation - Sell current house or rent it out? HELP!!
Hi all, My wife and I are currently considering a relocation for a new job opportunity in the Southeast. We have been in our current house in Framingham for a bit over a year. We paid 20% down, and after discussions w...
Account Closed
House Flipping Chart of Accounts
Hi all,
I'm trying to get my accounting system set up for my house flipping business.
I set up a free trial of quickbooks, but I've recently made the decision to switch over to waveapp.com
I was wo...
Sebastian Koellner
Refi or cash-out...?
Hi everyone,I am looking for a reality check here on the scenarios below. A few general notes up front: the property in question is in Germany, thus the € amounts. Some things with respect to loans work a little diffe...
James Schiller
?Modifying your second lien and getting qualified for a home loan modification
Often time, prospective home-buyers become homeowners by securing a secured mortgage loan in the first instance and then subordinate them with a second mortgage loan, often known as the home equity loan. Due to the...
Ornuma Panmunee
any Advise help!! we found bed bug and we must mover!
Advise needed. I own a 2 bedrooms condo. Our downstair neighbor had bed bugs. they are still in the treatment. the condo management sent Orkin guys to come check at ours, they found nothing. 2 months from there, we no...
Hoxie Ackerman
S Quadrant With Capital & BRRRR/FIRE Dreams in Fort Lauderdale FL
Hey, BiggerPockets community! My name is Hoxie Ackerman, I'm in my early 30's, and I'm new to real estate investing.I'm currently in the "S" corner of Robert Kiyosaki's cashflow quadrant. I've spent the past few years...
Ron Carlson
The best way to use Bigger Pockets
I am a little new to the form but wanted to know the best way to communicate with everyone. Should I scroll through forms and blogs, ask questions and give feed back. Or should I write a few blogs? II fell like I ...
Drew Miller
fair equity for holding mortgage
Hi Everybody,
Appreciate all the advice in advance!
I just had a question concerning the proper split of equity. I currently have 3 houses that my brothers I have purchased under personal mortgages a...
Mary Jay
Anybody owns rentals in D neighborhoods?
Hi guys, does anybody own rentals in D/F neighborhoods?If yes, what are the difficulties that you encountered?I personally think that D neighborhoods in small towns are different than properties in D neighborhoods in ...