Hello my name is Erik and I am a new member to BiggerPockets. I was introduced to the BiggerPockets podcast by my brother and I love it! I've been an active listener for the past few months. I'm currently a student at...
Hello Everyone my name is frank and I’m from the metro Detroit area, and I’m looking to do my first flip using a hard money lender I have 10k to put toward the deal with the lender. Just looking for advice on what pri...
I am in the process of leasing out a rental unit. Its a low income neighborhood and the tenant had some financial hardships in the past which I have agreed to overlook in exchange for last month's rent up front (rathe...
So I found a property that I would like to buy and flip the price is 1m. I don't have the cash to buy it. My partner has a home that is paid off and want to use the equity to purchase this home to flip.The house is wo...
Hope everybody is well,
Quick question:
When refinancing out of a VA loan to a conventional, is the 25% down on the remaining balance of the loan or value of the property?
Also, is 25% the standard or is there a l...
How do you make money when wholesaling a Sub2?
Do you just take your fee and assign the sub2 contract?
The seller would then only incur fees on the closing cost and fee side?
Seems like it could be a great way to g...
Does anybody know how a SD IRA which is invested in an LLC that owns several rental properties is handled in case of a divorce?Asking for a friend...
We just purchased an 89 unit property in Jacksonville, Florida. The JAX market is pretty crazy and Costar is projecting 15-25% rent growth for 6 quarters straight. For comparison, we budgeted 3% annual rent growth. ...
Hey Bigger Pockets, back in April I switched from a W2 job I had for 5 years to self employment. I've talked to about 30 lenders and get the typical response of "you need 2 years of verifiable self employment income"....
Hello!My husband and I own 3 multi family properties. We found an amazing deal nearby that we want to BRRRR. We have the cash to purchase and rehab. However, my husband just took a part-time job as we’re making the tr...