Willie Smith
Cashflow in Multifamily?
BiggerPockets community,
I have heard a lot of different numbers in regards to what you should expect as your cash flow on multifamily properties after all expenses are paid. Im looking for some feedback from activ...
Kathleen Heine
Can you really pay more for a BRRR over a flip?
I keep hearing on the podcast that you can pay more for a BRRR property than a flipper can and I'm trying to understand this. I just closed on a foreclosure. The house is a 4/3 built in 2008 and only needs cosmetic wo...
Dane Hutchins
What should I offer a relative for cosigning my loan?
Our credit is excellent, but being self-employed, we can't document our current level of income for more than just the last year. Our lender wants us to document for the past two years, so now is asking for a cosigne...
Thien Tran
Deciding where to Incorporate LLC
My partners and I live in California but are looking to purchase / have purchased properties out of state. Should we form an LLC in that respective state or will a CA LLC be enough? We're specifically looking at the ...
Tabitha J.
Help understanding private money lender requirements
To get private money lenders, do I have to establish a real estate business first? Such as getting a website, business cards, business name, mission statement etc? I would like to do this part-time to meet my personal...
Account Closed
FannieMae Homestyle for 1st Timer?
Hi Everyone. A friend and I want to go in together on a place up in the Catskills - the intention would be to AirBnB it and as well, at some point, build a Tinyhouse of similar structure on the additional land. My fr...
Account Closed
Proper set-up for commercial building that is also primary res.
Hi folks, I'd appreciate any insight into this situation. We purchased a commercial building with a residential unit- an attached manager's quarters with separate entrance and locked door between the residential and c...
Andrew Merritt
Issue Came Up With Financing Just Before Closing
Hey All, this gets a little complicated so I'll try to explain clearly.I purchased a duplex back in september w/ cash and did delayed financing with 70% LTV. Using those funds (and some others), I purchased a new pri...
Monica Pina
Starting out: Buying an income Property in Denver
I submitted a cash offer for a one bedroom condo on a short sale, in the heart of Denver. This is my first experience with a short sale and an income property of my own. I understand that typically condos are not cons...
Jennifer Wood
PMI Cancellation Advice
I am a first time homeowner. I recently paid down my loan so that I had 80% LTV. As advised by my mortgage company, I sent a written request to cancel PMI and an appraisal was done. According to the report, the curren...