Jason Malabute
underwriting Indianapolis and Kansas City deals
I keep getting beaten out on these cash buyers and 1031buyers and it's driving me crazy. I am actually underwriting correctly: 1. using the property manager's average expense per unit projections ($5000-5500) 2. u...
Adam Soyak
BRRRR at 6-months has been ELIMINATED???, now only 1-year option??
I have been informed by my loan officer that we no longer have the option to cash out refinance our rehabbed properties at the typical 6-month seasoning. It has changed to 1 year. I am looking at other options to ge...
Aisha M.
Options for tenant Rent back pay
Hey, I would like some suggestions to help my tenant catch up on back rent for July. Should I spread it over the remaining 11 months on top of her rent or are there any other options where I can get that money sooner?...
Joel Polanco
Purchasing SFH With Tenant in Place
How do you guys feel about purchasing a property that has a tenant already renting it? I am going to purchase my first investment property in Jax in the next two months, and I met with a realtor yesterday. She asked m...
Sandeep Kongara
Subject To / Seller Finance
Hi all, I have a fourplex in Lafayette that I am planning to sell. I moved out of Colorado. One strategy is to sell on the market, second is to do Subject to/ seller Finance. Haven't done Subto / seller finance but my...
Ryan Hall
Owner Financed Apartment Quesions (88 units)
48 Units44 - 2/14 - 1/1ASKING: $2.7M Gross: $365,000Net (depreciation added back) $234,000New shingles, new rain gutters, great location next to park, not far from down town, preferable area of town. No current vacanc...
Xavier Xthrax
Seller financing offers
I am thinking about sending out offers to buy property were I offer to make payments for the deed to land. So at the closing I would receive the deed and then start making payments.To make this happen I realize I need...
Amanda Swanson
Assuming Tenants in Atlanta Purchase
I am taking over a lease through a wholesale transaction that is out of state. It's my first rental property and I am looking for advice on the best way to notify the tenants where to send the rent and letting know th...
Alfredo Alfaro
HML Requirements for "Skin in the game"
Hello everyone, I was wondering if HML "Require" that the 15-20% be "your" funds or if it can be from your partner, if in a partnership, or if it can be from family or a PML. Just asking if the funds strictly have to ...
Matthew M.
Little Rock Arkansas!
I'm reaching out to the bigger pockets community to find out about the Sherwood area and the Jacksonville area just outside of Little Rock Arkansas. I'm looking to purchase a single-family home as a rental unit that h...