Charlotte B.
New Orleans Flood Insurance
How do you estimate the rate of flood insurance for homes in New Orleans? I'm looking for ballpark numbers as I vet investment properties. It sounds like it's related to the flood class, but I'm not sure where to fi...
Fred Buechel
HELOC.. Use for cash purchase or down payment?
Hello BP!!I’m just now getting into the rental world. I’ll be getting my initial funds from a HELOC on my primary residence. I have access to about $70k. I’m looking to purchase my first investment property, looking i...
Shawn Ackerman
Investing out of state PROS / CONS MILWAUKEE WI
Hello All, Thanks for taking the time to read through my experience. What I am going to share is what I have learned through the years, good and bad. I would like to share my experience with you so that you may be ...
Nik S.
Looking for Property Manager in Akron, Ohio...
Hello everyone,
As some of you may know, I am in contract for a multi-family property in Akron, Ohio... I am now looking to implement a Property Management Team for the building....
I have 2 companies I...
StevieAnn Nance
Help! Money Wired, Docs Signed, Seller Short 10k, Closing Today
Today is our closing. As the property is 3 hours from my residence, I did my closing yesterday: signed all final loan documents, wired my money to Escrow, etc., and we FedEx-ed our documents for 8AM delivery this mor...
Scott Malkin
Santa Monica 10 unit DEAL !!?
Why would anyone want to purchase a rent-controlled Santa Monica apt building? Consider this deal…10 unit building, built ~ 1950, class C, in a prime Santa Monica location !Under rent control !Huge upside in rents (as...
Ursula B.
Two Sources for Non-Conventional Financing
Good evening everyone:
I mentioned in another thread that I found a credit union that would do business loans backed by real estate. Here's the thread: http://www.biggerpockets.com/forums/311/topics/123956
...
Matt Taschner
Seller behind on payments, looking for deal structure help
I have a seller that is currently behind on payments to the tune of $11,000. The mortgage owed is $170k, the property needs 30k in repairs and the ARV is $270k. I have the funds to get them caught up on late payment...
John Anderson
Buying a multifamily residence as a second home/vacation property?
It's the long weekend, so my lender is OOO. :)If I buy a multifamily home, and keep one unit vacant (while renting out the others) would I be in breach of my loan agreement? I understand that you have to live in the h...
Ricky West
College Student Frist Investment Help
So I am a 20 year old college student excited about my future of real estate investing...but I'm not good at sticking on the sidelines. I am working to analyze 5 properties per morning, but need some help. I work for ...