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Results (10,000+)
Dennis Knapp has anyone used BFS Financial Solutions?
5 December 2024 | 5 replies

they got ahold of me on fb through one of my groups and claim to be a direct lender. they seem to good to be true. I want to make sure i dont get scammed out of $1,000's on my first big deal. thanks for any info. 

Matt Wan Foreign debt's effect on mortgage application
2 December 2024 | 0 replies
People responded by explaining that residential mortgage lenders are looking for US-based customers, who have their residence, income and assets in the States.How do they view foreign debt?
Nathan Brooks New to Richmond
12 December 2024 | 5 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
Timothy Franklin Clarifying the wholesale transaction
15 December 2024 | 7 replies
In either case, the wholesaler usually doesn't need to provide their own funds to complete the deal unless they are doing a double closing and need private financing for that purpose.The title company plays a key role in ensuring that the funds are processed correctly and that the transaction is legally and financially finalized, including disbursing funds to the seller and paying any fees owed to the wholesaler, private lender, or other parties involved.Contract with Seller: The wholesaler secures a property under contract, usually with a small earnest money deposit.Find Buyer: The wholesaler finds a buyer (investor) and assigns the contract, earning an assignment fee (difference in price).Closing: The buyer wires funds, the wholesaler receives the assignment fee, and the title company handles the transaction.Costs:Earnest Money: Small deposit.Marketing: Costs to find deals.Funding (if needed): For double closings.Profit: The wholesaler earns the assignment fee.prioritize transparency and value.
Steve Fiedler Excited to join the Bigger Pockets Community
12 December 2024 | 5 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
Roland N. MTR - How to protect furnished rentals?
11 December 2024 | 4 replies
There's no way to guarantee things won't break, there are only ways to protect yourself financially so you can replace those items.
Maria Jeanette Advise on leveraging a Self-directed IRA to purchase real estate
9 December 2024 | 11 replies
For me I invest my SDIRA money in debt investments which typically are ordinary income when using w2 income and use my hard earned cash to buy properties. 
Rene Hosman How do you approach saving for your next real estate investment?
5 December 2024 | 5 replies
Lease options are the vehicle of choice here, until I sort out how to get to the other side of the ceiling imposed by debt to income ratio.
Xavien Rafael The Benefits of Using an LLC vs. S-Corp for Real Estate
11 December 2024 | 0 replies
This could free up more cash flow to reinvest in your deals.But here’s where it gets interesting: making the transition to an S-Corp can require a more organized financial structure, which includes separating your accounts, keeping clean records, and being prepared to pay yourself a reasonable salary as the business owner.
Alexandre Boustany Digitizing a Small Real Estate Business
12 December 2024 | 2 replies
Reporting and Analytics ToolsDashboards for financial, operational, and tenant data analysis.