Hello everyone my name is Shelby Cucco. I’m new to BiggerPockets. So glad I found it, there is so much information to soak in here. I have a question on financing. I am looking at a property that has a single family h...
we purchased A house $20000 below value. It seems as though we're having to put $20000 into it in order to bring it up to code and make it safe. This house cash flow is only 350 a month. Since we are new to this And ...
Politicians actually agree on 1 thing - small business is the engine of growth and job creation. What are they doing to help?
Try contacting a Congressman's or Senator's business liaison so you can find out what they...
I have two people that I have done different work with for a few years now and we are all own properties independent of each other. Now we we have decided to look into buying a property together but need to know how ...
Greetings BP community,Since we are jumping into our first real investment property, we’d deeply appreciate any and all advice. Here’s where we are:We are under contract to purchase a single family residence in South...
Say the following:1 I live in a duplex and rent out the other side2 I take out a 0% interest loan/credit card and pay the principle (ahead of schedule)3 I "pause the mortgage" (ie "Mortgage Forbearance")4 I use money ...
plan to do most of the upgrades and repairs yourself
If you plan on doing the work yourself, can you then " safely " pay more than the 70% rule states ? So can you now pay 73 - 75% vs 70% , if you're going to...
Hi Bigger Pockets Family,
I recently ran across a deal and from the numbers standpoint it makes sense, the only catch is that the client has been unemployed for two years so to keep his house and car, he file...
Hello,
I've been reading on this forum for a while now, and plan on making my first real estate investment by the end of this year.
I plan on using FHA.
Upon analyzing a few deals (primarily duple...
For those that are doing sub2 deals, do you go to contract with your LLC as the buyer? Is it even necessary to use a land trust? Any problems with a Bank of America FHA insured loan being called due? Thanks in advance...