Matt Thomas
Seeking Advice on Funding a First Flip
Hello,
I'm new to the forum and was looking for some advice about how to approach my first (hopefully of many) flip. I live in Massachusetts, which is where the property is located. It was owned by a family member,...
Kenneth Garrett
Will Forbearance Develop into Foreclosures in 6 Monthe
COVID-19 has created havoc in the RE sector. Tenants can’t be evicted and Landlords have to pay there mortgage. Is there something wrong with this picture. I acknowledge the fact there are loans/grants to apply for...
Freeman Schultz
Questions about how jumbo loans work and how to refinance
I have been researching jumbo loans and I understand how they generally work. But they raise some quesitons.
1. When does the lender contact the mortgagor regarding the principal? A year before the maturity date or...
David Klem
Which business entity is best? e.g. LLC, S-Corp, C-Corp, REIT
Although I'm already considering at least one tax preparer I wanted to see what everyone else on Bigger Pockets is doing. Flips are short term and rental properties are long term. I understand you don't want to mix th...
Dean Attali
Can PM refuse to use Home Warranty or give me my tenant's info?
I bought a unit less than a year ago, and the water heater in it was less than a year old at the time (it's about 1.5 years old now).
The heater is leaking. Since I have the home warranty, I asked my PM to get this d...
Jennifer S.
Trying to refinance a 4-plex
Hello! I'm interested in refinancing my four-plex in Los Angeles and using the equity to purchase commercial multifamily. When I spoke to a couple of commercial lenders towards the end of 2019, I received the followin...
Jerry Mical
Questions on R-3 Zoning in Charlotte
Hi all!
I was doing some research into zoning laws and trying to grasp an understanding of everything. There was a house that is zoned R3 and it is a 4bd 2ba on .87 acres. Based on the "minimum lot area (sq ft)" char...
Christopher Roy
Private Lending Question - Small loan amount
Hey guys, first off I want to thank everyone for all of their help. I am looking to move forward on my first buy and hold property because of all the things I have learned from this website. I have convinced a sell...
Max N
New wholesaler! Question!!
Hi All,
By way of introduction, my name is Max, and I'm currently studying an Economics degree at University in the UK. I've spent the past few month doing some research on Real Estate, and property investmen...
Graham Glover
Financing your refi down payments
Hello everybody!
This may be a silly question, but I have been thinking a lot about financing as this is a problem for me (and potentially many of you). I have no cash, not a very good debt to income ratio (studen...