Derek Walvoord
BRRRR Refi help needed - seasoning issue from LLC to Personal
Hi All,I am trying to BRRRR and I am getting stuck on the refi part. I used LendingHome, a hard money lender, to do the rehab. They make you initial close in an LLC. For the post rehab/rented out/taking cash out part,...
Lourdes Medina
Should I make my brother sign a lease before moving in?
Hello, I am new to real estate and still finding ways where I can learn more such as reading and listening to podcasts. Recently me and my fiancé just bought a house and his brother is planning on moving in come Sept...
Vern M.
Legal way to recoup damages?
During a break in my home inspector's class, I start talking up with one of my classmates about different RE issues. I mentioned to him about me trying to collect on some damages from a recent move out. He says that h...
Matt Maluchnik
Why would Loan Officers say this?
I just met with a bank VP of a local (smaller) bank. They mentioned that even though I'm interested in single family homes for investing... They are all considered 'commercial' investments and would require 20% down ...
Roy H.
How to find a rep or local contact for STR?
Some cities require you to have a local rep/agent that's within a specific distance to handle any problems arising from your STR.e.g. "a local rep within 60 minutes of the property"Yes, you can get a PM to handle that...
Bailey Mason
Should I get an attorney?
Hello All!I'm acquiring my first duplex, and trying to get all things in order, starting with a good lease agreement to include all things i want. I'm looking for advice on getting an attorney? Do you recommend I ge...
Mike Mutabazi
How do you do research for a BRRRR investment ?
Hello Bigger Pockets familyA newbie question here , How do you determine if an area is a good investment for a bigger AVR or rental. Here is a scenario I’m basing my question on. I have a couple of properties I have b...
Aravind Guduru
ADUS IN WASHINGTON STATE
I am trying to house hack in Washington area and my strategy is to continue house hacking every year or two by purchasing new properties. Currently, I am house hacking in Des Moines (Washington). However, I realized m...
Benggalo Lempo
Need help with time management.
So here is my issue, I am currently in the military, and starting my REI business all by myself. Time is the essance and with Military Obligations and my family life, I find myself crunch for times with sending out of...
Stephen Sokolow
Deal Advice on Out of State Pre Foreclosure Deal
I am working on a pre-foreclosure deal and need advice. The deal looks like this:Loan outstanding: $244,000 QuickenLoan and it is a FNMAOther debt: Base on my preliminary title search $0Equity: $85,000The owner wants ...