I co-manage a small, family-owned real estate investment company that has four owners. For operational ease, our operating agreement states that I have the ability to be the sole signer on purchases and sales, among o...
I am looking at the refi rates...and as you know investment properties are expensive to refinance. But....just a thought....is it possible to simple tell the bank it is my primary residence even though it is a rent...
I have a 1 bedroom condo listed for sale in my area. It's a beautiful unit and I've been getting several calls from buyer agents but the first thing they ask is "Is the complex FHA certified?" Well, I checked and as i...
I have a property that is free and clear that I want to get refinanced with a conventional mortgage. Currently it does not pass underwriting guidelines because it is a duplex that is zoned for single family. I am in t...
There is a 3/1 home for sale for a few thousand dollars in my target area. Does this mean I have to pay 95% of the original mortgage held by the lender after the purchase? The home is listed in foreclosure and was r...
I have a tenant that is choosing to move out at the end of their lease term. I believe, from how I interpret my property management contract, I don't have to pay anything to sever the relationship with the property m...
I never thought I would be a home owner... especially since I live in NYC. But a coworker told me about Union City, Nj and it looks like I’ll finally have my first property by the end of the month!My first two family ...
I bought a house a year ago, and I've been rehabbing it with the intention of renting.
Previous owners built a wooden deck in the backyard. They disclosed that it was a project they did with some friends who were con...
Good morning, I'm getting quite a lot of interested applicants. Which makes me wonder how to handle them all. Should I include an application fee? Seems somewhat mean to take 10 application fees and only award the pro...
Hello Bigger Pockets Community!
I have been listening to the podcast for over a year and am currently reading books by David Greene and Brandon Turner. Up to this point I have been a passive observer of REI. In fact,...