
28 June 2024 | 100 replies
However, they include "bad boy" carve-outs that trigger full recourse if the borrower commits certain bad acts like fraud or voluntary bankruptcy filing.Abandonment may constitute default: If the GP abandons or surrenders control of the property during foreclosure, it could be considered an unpermitted transfer that violates the loan agreement and triggers the guarantor's full recourse liability for the unpaid loan balance.

24 June 2024 | 21 replies
I do worry about the quality of tenants on the class-C properties, but I'm also no stranger to this stuff so if that's what I have to get into in order to achieve my goals, so be it.

22 June 2024 | 0 replies
My ultimate goal is to make profitable deals and achieve financial success through strategic investments.

23 June 2024 | 25 replies
Thats going to determine some of the decision making I'd think - you could always partially pay down the loan to achieve cash flow or breakeven or even a little relief - could be the best move if you think the property is well located and an otherwise good long term investment

22 June 2024 | 21 replies
On residential MF (4 units and less) purchased from MLS you can achieve just a bit better than 0.5% ratio.

22 June 2024 | 0 replies
Despite these challenges, we achieved a substantial profit.

22 June 2024 | 0 replies
Despite these challenges, we achieved a substantial profit.

22 June 2024 | 3 replies
Overwhelmingly Positive Testimonials and Reviews from StudentsThe "reviews" for a guru come exclusively or overwhelmingly from individuals who create accounts on BiggerPockets with seemingly no other purpose than to dispense undying love and/or personal loyalty to the guru, with lengthy commentary about the complete life turnaround that spending $5K - $100K had in a very brief period of time, rather than a rational assessment of the pros and cons of the program and their outcomes achieved so far.

22 June 2024 | 13 replies
What is what you would like to achieve and track?

22 June 2024 | 5 replies
Ensure that you are using a rent payment software program that records and categories rent and money charges and payments, including dates, payment amounts, and balance owed contemporaneously with the transaction.