Anthony Vu
ARM loans vs. DSCR loans
Can anyone tell me which one of these loans is better for an apartment building? What are the key differences in terms compared to each other? Can someone also describe the process of obtaining either loans?Thanks!
David Humphrey
Tricky Question about Bankruptcy Discharge on Property
Hello Everyone!I am seeking some advice from the collective knowledge of BiggerPockets!Here's the situation. I found a commercial property that I want. Amazing deal. I spoke to the owner directly today. He used th...
Jose Sarabia
Building credit
Hey there BP!I went in to the bank to see if I get pre approved, my score is 710, but they said I need at least one installment loan on my credit history, they recommended me buying a car. I don't want to buy a car be...
Zach Davidson
Renting out a house and moving
I am a 20 year old living in St.louis County right now and plan to move across the country either to South Carolina or Texas. In St.louis I own a house free and clear and can get around 1100 a month for it. I plan t...
Bryan Malone
HELOC for Turnkey or BRRRR???
Considering taking out a HELOC on primary residence to purchase 1st rental property. Lender is offering fixed rate on the HELOC as long as the account is open for 3 years. Would it be better to use the proceeds on a t...
Louis Porter Jr.
Broward Country Tax Deed Auctions
I want to reach out to any Broward Country local investor and/or lawyer who is currently or has invested in/buying directly from tax deed auction. While I am terrified with the whole process, I am very interested in...
Jessica Armour
Lump sum cash towards mortgage
If I owe 137k on my mortgage and I have 100k cash to put towards it, can the remaining balance be negotiated? Want to sell to family member for 100k cash and then move. My sister got into a car accident unfortunately ...
Steve S.
How would you choose between these two tenant applications?
Both check out financially, credit, background check, etc. One is a divorcee with 2 high school aged children with no pets and one is a single female with a dog and a cat and no children.
Would you let them know y...
Amber Boskers
Apartment financing: What would you Do?
We're kicking it up a notch and jumping into the commercial market looking for our first 20+ apartment complex. We are pondering our financing options and I'm looking for feedback from you seasoned BP members. We have...
Sinco Pare
I'm Getting Cold Feet...What Do You Think?
Well I never thought this would happen, but I am considering backing out of a deal. ANY OPINIONS ARE WELCOME!!!!!
Am I repeating my mistake?
I have a house I've owned for 10 years. I moved out 2 years ago and foolis...