Marie B Barde
Unpermitted additions in refinance appraisal
Hi:I would like to refi my property to take advantage of current low interest rates. I am paying 4.25, 30 year fixed. Problem: I have added a non-permit rental by converting my partner’s pottery studio in back.Ques...
Alex K.
Buying my first home as a house hack near Los Angeles
Hello everyone on bigger pockets. I am about to enter into a purchase contract for a home but I was told by my agent that 1 bedroom and 1 bathroom is unpermitted. I love the idea of having a extra bedroom to rent out...
Carlton McDaniels
First Time Investor
A few months back I bought my first 2 Unit Building here in Chicago. I used a 203k to upgrade the bathrooms & kitchens in both units. I also reside in one of the units. I definitely want to do another one, I'm j...
Rebecca Wisner
I am considering providing gap funding to a flipper
I met her at a Real Estate meetup, she started investing about a yr and a half ago and has done very well.She wants me to do a Promissory note only for $30K at 15% interest for 3 months with no Deed.Am I crazy to be d...
Sarah McCluskey
Current tenants running assisted living business out of duplex
I was looking at putting an offer in on a duplex, but am getting mixed information on the insurance needed - that could make or break the deal. The current tenants are running an assisted living business out of hte du...
Essam A.
Bbuying an Older Home or Newer Home
Hello Dears,Should I buy those 80+ years old homes and BRRRR them? Note: I am a new investor with a $130k budget
Everett Morris
Deal or Funding Please Help
I am looking to land my first investment property that is not a house hack. I have a small amount saved up, but I plan on using financing for pretty much 100% of my next deal. Should I look for the deal first or fundi...
Steven Taylor
Transfer a Conventional Mortgage to an LLC: Risks vs. Upside
Hello Folks,
We have decided to hold an investment property in an LLC and are discussing financing strategies for the property and would like some advice.
Option 1: Get a commercial loan for the property under th...
Robert Washington
HELOC vs Refinancing
Hello! I recently heard Henry Washington mentioning that he thinks BRRRR is a great strategy, however, he thinks that utilizing a HELOC would be more beneficial because you don't have to take the equity out of your ho...
Andre Smith
Looking for my first deal Auction vs MLS/realtor
I'm looking to start my long road to 25 rental properties. I have some csh to play with. My hope is to buy a single family fix and flip, make a little extra money and start this way. I have been googling auctions in m...