I really need suggestions, as I have never dealt with something like this before. Appraisals in our county generally take over a month once scheduled. Therefore, most escrow times here are set for about 60 days. We...
Dear all,I am new to real estate rental investment and looking to purchase my first rental property as a source of passive income. I reside in Santa Rosa, CA and property prices are way too expensive, as such looking ...
I was able to get three cash flow positive properties with solid CoC returns during the downturn, and part of the way up, but in the greater Seattle area it is getting harder and harder. Prices are too high relative t...
Has ANYONE out there actually had a successful experience with tenants who have had an eviction previously?I pre-screen my tenants by saying "Total household income has to be 3x rent, no pets, smokers or evictions."Th...
I just got my first K-1 from a multi-family syndication and want to understand it. This is the actual K-1 with real numbers and only personally identifying elements have been removed. I'm going to describe what I th...
Hello!Just a question to see if this is doable... Is it possible to refinance a hard money loan into a traditional/DSCR 30 year loan if I don't have that much equity in the property? Not a cash-out refinance, just a g...
Hey BP Community! I'm a new investor from NJ looking to invest out of state in a small town in Ohio where I have some friends/family in the area. I've analyzed about 15-20 properties and have found one that would be a...
Ok, I'm going at re post this because it disappeared and in the BiggerPockets abyss. So here goes the lengthy explanation (Again).
I have a client with a $230,000 mortgage on a $260,00 home and a 6 month old bankrupt...
Hello All:I am trying to purchase a 4-plex using seller financing and the Seller's accountant is telling the Seller that they need to receive enough of a down payment to cover the depreciation recapture which is taxab...
Hey all! Hopefully everyone is well!Just curious to those out there who are investing for long term holds in extremely high priced cities like Boston, San Fran, New York, etc..Seems like the numbers are so hard to ca...