Erik Schilling
Bank forcing 25% down on primary residence for no reason
Hey BP,
I finally have an accepted contract today for a new property for a new primary residence. It is right across the street from where I live now. Both properties are condos. My lender is working with underwri...
Tyler Sanzone
Opinion on heloc LTV
Looking for some opinions on how much percentage to tap into for a heloc on my primary home. I'm looking to apply for a heloc through PenFed who offer up to 90% LTV. The house is valued around 325k and I owe 170k. Th...
Ben Kevan
Changing Property Managers while having active tenants with active leases
Hi, How many of you have changed property management companies while having tenants? What was the tenants reactions to the change and in the end was the change of property management successful, or did it cause tenant...
Brian Goff
LLC Question regarding ownership and income reporting.
I have an LLC structure, but I own a rental held in my personal name. This was done so because of loan type and rate. Can I set up my account with my property manager in my LLC name so that all income and expenses g...
Ryan Thomson
Why prices are not falling and why they probably won't (Colorado Springs edition)
Here is an awesome article written by a local and well respected economist for the Colorado Springs Gazette. It's worth a read to understand why prices are not falling and why they probably won't.
Don't let interest ...
Luke Calhoun
Investment Real Estate Austin TX Formal Intro
Hello fellow Bigger Pockets members. I have been on the site for a few months but have yet to make a formal introduction. Since graduating college I have lived in Waco, Dallas, and now ATX. While residing in Dallas...
Nisarg Gandhi
HOW TO AVOID CAP GAINS ON PRIMARY RESIDENCE
Hi All!
I recently (November 2020) purchased a property in Northern California and the market lifted quite a bit in the 12 months (18%+). Sadly i am having to move cities due to another job opportunity but didn't wan...
Andrew Clark
Primary Residence Capital Gains Tax
Needing some advice on capital gains tax.. I will be selling my current primary residence in a few months & moving over the proceeds to my next home. I will only have lived there for 10-11 months by the time I mov...
Account Closed
Commercial Bridge Loans
I have a question for Commercial Property Owner/Investors. Do you ever use bridge loans? If yes, how do you analyze if the additional cost of money is justified? When you use them, what is your primary reason for doin...
Albert D.
Do you assign leases to lender?
When financing a 8-unit apt, bank asked owner to assign leases as additional security on top of the property itself. Is it normal in apt financing or negotiable? Meaning, property alone should be sufficient collate...