Page Weil
Issues with HELOC financing?
I have about $200k in HELOCs and used them to make a cash offer on a property and then I can refinance into commercial or traditional mortgage after shopping around a bit.I have run into a problem with underwriting a ...
Michael Bier
Helping out the tenant with lowering rent
My tenant wants to break lease to move to a lower rental. Should I lower the rent to keep them to the end of the lease which is one more year or let them just break and leave?
Farhan M.
Bad Tenant - Evict or renew lease?
Hi.My family is renting a SFH and the lease is up on August 25th. It will be 2 years in AUG that tenant has beeing renting. She is a divorced mother of two and for the 1st year the lease was paid for 1 year and duri...
Edward Caballero
Wholesaling Commercial Real Estate in Los Angeles
I'm an active multi-family commercial real estate agent here in LA for the past 9 years and I have gotten into heated discussions with smart people regarding this topic. My question (more like frustration 😤) is around...
Will Mckenzie
Fl duplex with tenant issues
I just bought my first duplex with a tenant and he has 9 months left on lease. He only pays about 70% of what the rent is worth. More importantly I need to get in there and remodel everything. He’s broken the lease by...
Kyle Black
First Triplex in the heart of Missoula
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Missoula.
Purchase price: $385,000
Cash invested: $9,048
A 1,650 sqft triplex containing 3 1bd-1ba units.
What m...
Luke J Nelsen
Tenant trying to add felon boyfriend to lease
Hey Bigger Pockets Family!We are landlords in southeastern Wisconsin. We have a tenant that is trying to add her boyfriend to the lease after she has already lived there for a few months. The boyfriend does not have ...
Vlad S.
Appraisal significantly lower
I am getting ready to put an offer in a “hot” / sellers market (NJ). I intend to finance the purchase with a conventional 30y 20% down loan. I am worried that after the offer gets accepted, the appraisal value might c...
Joseph Micheal
Owner Occupy with Lowest Down Payment
Hi All,
Im looking to owner occupy a duplex property and keep as much cash in my pocket as possible.
I have spoken to a few bank and brokers who have told me its 3.5% for FHA or 15% for conventional.
Are there a...
Mary Jay
Can I back out of a contract with RE agent?
Hey guys,
My real estate agents wants to sign a one year contract for sale. (I am thinking of selling my property in Pensilvania)
I do not want to be tied up by the contract for so long. The RE agent says I can back...