Hello! Wondering how YOU would play this hand?Purchased a property using a private lender for $27,000 (business partner took title). Put $21,000 into rehab. Total investment counting interest/taxes/insurance is $51...
How do you find an "investment friendly" builder? Is there such a thing or do you just offer it for bid to whoever on Yelp?
Hi, I bought my first rental property with an LLC. We are three partners. What should I do to finance my second property? I tried to speak with some small banks about a cash-out refinance on the first property (we own...
Hi all- my partner and I are building a portfolio of group homes. For those that don't know, group homes are single family homes that house "by the bed" and therefore come with many benefits, the primary being that th...
Hey Everyone,
Quick question for the masses. Anyone know if this 6-month "seasoning" process for a cash out refi on a 1-unit investment property is a fannie/freddie mandate, and if not, can anyone refer me to a lende...
Hi BiggerPockets,
I've seen a lot of great advice given on these boards and was wondering if anyone could help my sister out.
Long story short:
She and her husband co-own a medical plaza in Palm Springs, Ca and ...
I would appreciate a little advice on this. I just found this site and joined. Its a wealth of info. I have read many posts but still find myself confused on the 401k subject for my situation. I had always consider...
Hello,Greetings! I presently have a few multifamily properties in Philly. I have been with a property mgmt. company for the last 6+ years and thinking of managing on my own. The people are nice, competent, but the cos...
I'm working with a homeowner and she said, "I know you can't guarantee there will be no deficiency, but if I just list this and get a higher offer, the potential deficiency could be less right?
Ummm..yes it could, bu...
So, as we know if folks are issued a NOD, they will be contacted via multiple sources.
The property I am trying to target looks as if it has decent equity.
My goal is to either: 1. get it under contract and wholesal...