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Hello Fellow Bigger Pocket amigos, Can you all help me with a project I am working on? I have a SFH already that I am renting out. Currently living in a rental apartment. My next move is to buy a duplex and live on on...
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Hello all,I've been a BP lurker for a long time. I have finally decided to set up an account and get active on the forum.I would like to thank everyone who has put their input in the site, I've learned a lot. I feel...
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Hello all. I've been interested in the RE field for a while now and just joined BP recently. I am interested in rehabbing/flipping/wholesaling but have no experience. My best bet is to read through these discussions a...
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This is a bookkeeping question.Every month we make a mortgage payment which includes: Principal, Interest, and Tax & Insurance.I split the payment in Quickbooks Online, so every month our mortgage goes down, plus ...
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Not promoting either one just trying to figure out which one is truly better than the other. My small broker does not supply an online document signing program so I have to pay for one out of pocket. Docusign is $204 ...
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I'm a newbie in this business and I really don't have a lot of Capitol so Is it a great idea to try and get a private money lender ? If so how should I go about that process ?
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I recently just purchased a duplex (two unit) in TX. After closing and signing (and bought my first house ever!), I gave USAA a call to see if the account for Home Owners Insurance is activated, in which they said it ...
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Place I wanted to use is $38 a piece. If I wanted to do a credit/criminal/eviction check that is $114. That seems pretty high to me. Am I wrong? Also what type of checks do you run? I think that the eviction check is ...
As investment mortgages tend to have a higher rate, are there any limits to how much of the rate can be bought down? To make the monthly profit margin bigger, we would be looking to buy this down 8-12 points (2-3%) on...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Colorado Springs.
Purchase price: $359,000
Cash invested: $75,000
This property was purchased as a long term buy and hold ...