Let's say an investor is buying a 4 plex for 150k putting 25% down and needs to have 20k in liquid reserves per the bank, if you were short say 10k, can you borrow 10k for the remaining or is that not allowed? I know ...
Hello Biggerpockets community, me and my wife are interested in buy and hold investing specially out of state, i know that there is a lot of people that will advice against it specially if we are just starting out but...
Hello BP!So I have a prospective tenant that looks excellent on paper but they have a large dog --- a Husky. Says dog is house trained and good tempered; but dogs... are dogs. This is my 4 rental putting into service,...
Hi all,I have been through the insurance claim process before and this is the first time being denied. The details don't matter much, however I hired a public adjuster to re-evaluate the claim. After numerous attempts...
I have a question that I am sure someone will be able to answer if not point me in the right direction. My question is about delayed financing. I purchased a property cash and now we are currently rehabbing it. I boug...
Hi, we have a property we have held for nearly 4 years. It cashflows and has appreciated in value since we purchased. With the profits, we are looking to sell it to pay off debt, get us out of the rat race, and pick...
Hello, I have a duplex with a huge, detached garage which I want to rent out separately since my tenants do not want to use it. Does anyone have experience on sub metering electric services? The garage tenant should p...
South West Michigan and North West Indiana is often referred to as "the Michiana Area," so if you have ever used that expression I want to know you. We're speaking the same language and understand the scale of market ...
Does anyone have any experiences/thoughts on the dual-flush toilets for rentals?
On my first triplex, I swapped all 6 toilets to the 1.6 gpf models; it cut my water bill by about 16%.
I am now looking at a fixer 4-p...
Good evening everyone! I was hoping to get more insight on what you think of Patch of Land as an investor? https://patchofland.com/ I am looking for passive income but don't have 20% down for a property (buy and hold)...