I have an opportunity on an investment property, all cash purchase. I am trying to itemize closing costs/fees in addition to Realtor commission and wondering most effective ways to project the costs.Scenario:Purchasi...
Hello,I recently changed my home insurance, it was getting very expensive this year and I chose $100,000 in liability insurance for my triplex when electing. Should I get Umbrella insurance on top of it? How much doe...
Hello,I have been wrestling with this question for a while and I'm hoping you would be able ease my anguish. My three sons, my wife and I have a partnership that owns 15 rental SFH's. The cash flow is good and we have...
I understand that the majority of loans in the US are backed by FNMA or FHLMC. What I'm confused about is what dictates who ends up with the property after it's foreclosed upon and becomes an REO. For instance, if the...
Hi BP, Two questions here: 1. Spend the money to add a bathroom now. 2. Renting by the room or as a 5bd.
I'm currently in a house hacked duplex in Somerville, MA. Bottom unit is rented as a 2bd 1ba. I am renovating ...
Hello all,I’m very very new to real estate investing and looking to start out here in Houston TX. Ideally, I’d like to buy and hold for cash flow and generate passive income. I’ve stumbled upon bigger pockets and watc...
Hello BP!As many of us are consistently debating, holding RE in our personal names to take advantage of lower rates and better loan terms vs holding RE in a LLC to take advantage of liability protection, which do you...
Just purchased land in Sevierville/Pigeon Forge getting ready to build a STR. Planning on 5-6 Bedrooms and close to the 5,000 sq ft requirement to have sprinklers.
Looking for recommendations for two options:
Opt...
Hello Bigger Pockets community,
I am in the process (paperwork with my lender) for doing a cash-out refinance of an investment property. I plan on taking cash-out of 75% LTV (Loan to Value). I've been quoted 2.875 ...
Hey All,
I just purchased a 4plex at 10th St and N Tuxedo St, it's a 4plex (all 1 bedrooms), which I've completely renovated top to bottom. I have it listed for rental right now, but if someone would like to use it ...