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6 February 2025 | 2 replies
On these we are targeting g loans even we wouldn’t normally consider; EXCEPT for the fact that we are receiving so much collateral that we end up at 35% LTV or less.
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16 February 2025 | 44 replies
If I get nervous about the 1st 2 options, I can just not record the new deed and its like I never bought the property at auction and at the point, Merry Christmas to the old owner, because I just paid his taxes.A few things to think about nonetheless.I agree with the advice you received in point #2 since you are not a borrower or mortgagor or guarantor on the mortgage, anything on the foreclosure should not go against you at the credit bureaus.I am not sure about what you are stating in point #3.
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22 February 2025 | 20 replies
Structure as a commercial lease, 5+ years, annual rent escalations, requirement to carry liability insurance (name you as additional insured), etc.
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22 February 2025 | 7 replies
Hey Chris, this sound like an awesome addition to a tool set.
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11 February 2025 | 16 replies
If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!
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19 February 2025 | 1 reply
There always seems to be a boyfriend and his 2 cousins, or another mom and her boyfriend, or two additional sisters or something.
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18 February 2025 | 6 replies
You can open a credit line there and get an additional 5% off of your purchase.
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17 February 2025 | 10 replies
These are professionals with additional training and a stricter code of ethics.
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5 February 2025 | 13 replies
I would keep the work very cosmetic, and I would enjoy the additional space and/or revenue from the unit without considering digging up, etc.
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10 February 2025 | 71 replies
Feel free to ask me for any additional questions on how the biz of "gurus" works.