Hey BP Nation, I am excited to be joining BiggerPockets to build connections and learn from experienced investors. My fiancé and I bought our first property in October as an owner occupied, 3 unit home. We spent rough...
I am looking for some suggestions on banks or credit unions that will do HELOC on a rental duplex. I have done them with RCU royal credit union, but they have a 50k max. Any other suggestions
Before I call housing authority to ask. I’ll like to know what a/c standards do they require. Is it a/c window units or only central air?
I’m trying to buy a house to flip and it’s very competitive. Its in very rough shape, and it’s been on the market one day. I submitted my offer this morning and we were informed there were already multiple bids. I su...
I'm a newish landlord. Last year, I bought a duplex that came with a problem tenant — someone I've since learned has a criminal history and a gun. He's never paid his rent on time, had sketchy people living in the pl...
Hey BP, As we know, the 2% rule is a widely used guideline in real estate investing, which states that the monthly rent should equal 2% of the property's purchase price. This rule is often used as a quick way to evalu...
I've spent the last 2 years searching for a home for residence. I found a home approximately a year ago (short sale) and it ended up falling through at the last possible moment (week before closing). Since then I've s...
Hey Folks,I am a new wholesaler with a lead on a condo in Lithonia, Georgia. I have a few questions for the group, but I will give a little background first.The condo is in fair condition in an area that doesn't have ...
Hi!!My husband and I are looking to buy a rental property in NC to Airbnb out while we are not there. We would like to be in a town that has the vacation attraction (either mountains or the beach). Since we live in NY...
Hello BP!Our parents recently sold their condo in SC but did not do a 1031 exchange, as they didn't understand it as they are older. And didn't reach out. but, they now want to put the money into another property. So ...