Carrie McPeek
Sell My Rental or Not?
When my husband died, I had enough life insurance to pay off our home. I soon realized that it was too much for me and started renting it out. I purchased a smaller home for myself. Now I am planning on selling the re...
Matt Leber
How Does HELOC affect Lender Debt-to-Income requirements?
Hello All,My wife and I have recently started the process of applying for a fixed rate (4.5%) HELOC with $100K limit with a draw period of 10 years. We own a primary residence and 2 rental properties. The reason we ...
Ronald Cova
Sellingcondominium forsalebyowner indianapolis
Hello, my name is Ronald cova and this is my first post, I'm looking to sell my condo in Indianapolis but I want to get the most of it so planning to sell by owner my only question is what legal things do I have to do...
Ben Smedstad
Are hard money leders the same for newbies?
I have no deals under my belt, will most likely have to go hard money. I have had some people send me their terms, they are almost all the same. Is this the case for all hard money lenders?
John Mart
Building up a duplex
First time poster, but have been reading through articles for sometime already and can't say enough good things about this site. I'm currently living as a resident in Canada, Toronto with the hopes of sooner than lat...
Abad Marroquin
Offer to purchase contract through onwer financing
Hi everyone. I need to submit an offer to purchase through seller financing. I have no clue how to start. I have used the offer to purchase contract for single houses from the Biggerpockets, but I am not sure if I ...
Ryan Sasscer
BRRR Strategy Question
When using the BRRRR (Buy, Rehab, Rent out, Refinance, Repeat) strategy, what kind of loan is the refinance?Is it just like getting a loan for the purchase of a house and thus count toward a maximum number of Fannie M...
Will Chitwood
Due Diligence for Note Buying
I'm planning to buy some 1st position notes off another investor who runs a company and once sold they woud be the servicer. I was wonering the due dillegance I would need to go though? To explain their model, here's ...
Cody Begg
seller financed 4-plex
Bryan College Station, TX2 4-plex properties (side by side)purchase price: $318,000Seller Financed on 2 liens 1st lien 80% LTV 20 year note at 9% second lien for 10% for 2 years at 9%10% out of pocket.Monthly Rent of...
Raul R.
Selling my 2nd Home in NYC, anyway to avoid Cap Gain Tax w 1031?
Hello all, I have a 2nd home that I'm in the process of selling in NYC, RIverdale.. Its a Studio Co-op, bought it in 2002 for 62k and should be able to get 130K. Spending 10K in renovations, currently in the middle of...