Steve Fiedler
Excited to join the Bigger Pockets Community
12 December 2024 | 5 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
Nadia Jones
Do Term Sheets or Commitment Letters Show Financial Credibility to Brokers/Agents?
13 December 2024 | 4 replies
A loan commitment letter carries more weight as it confirms lender approval, signaling a stronger ability to close.Addressing Closing Concerns: A commitment letter meaningfully reduces concerns, especially when paired with proof of equity and a track record of performance, even if on smaller deals.What Brokers Look For: Key factors are a reputable lender, clear terms in the commitment, and evidence of funds for equity and reserves.
Carlos Richardson
Question regarding debt consolidation
12 December 2024 | 7 replies
Many times I tell my friends to just keep the debt, bite the bullet, and pay it off.
Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
What this also does is give me the chance to prove that its a good property, operate it to my written plan and present my 18 month historical financials as proof.
Veronica Taylor
NYC......Eric Lee —fake listings?
14 December 2024 | 11 replies
As of today, May 19, 2024, he is advertising a single family house for sale in Rosedale (Queens), NY for $250k, while stating that it will be a short sale once a prospective buyer makes and offer that's accepted by the seller after providing proof of funds.
Rae Chris
Advise on first flip, loans, contractors
18 December 2024 | 7 replies
Most lenders require some skin in the game, whether it’s a percentage of the purchase price or proof of reserves.
Henry Clark
Belize Teak Plantation
4 January 2025 | 67 replies
If you want a Curved Glass Shower door, you will need to custom order.
Gregory Schwartz
Could Redfin be correct predicting 7% interest rates in 2025?
22 December 2024 | 24 replies
I think if the industry as a whole was a little more honest with it self and with market participants you might not have as many waiting for something that is not likely to happen in the short term. if you need a house, you need a house. but, if you think something will change in 6 months you might be able to hold on, but if it likely will not change in the near term you might just bite the bullet and buy.
Nathan Frost
Update - Detroit Deal
18 December 2024 | 45 replies
If they really are, you should ask for copies of city permits and proof passed inspection.Fitzgerald-Marygrove Neighborhood average property value is only $87,549, making it a Class C-Minus Neighborhood (in our opinion).