Jonathan Small
2 Bedroom 2yr Rental Into Flip
21 January 2025 | 2 replies
I financed this property using down payment funds from 403B and a local commercial bank. 15% down from personal funds. 85% down from community commercial bank. 3yr balloon, 20yr amortization, 7% interest rate.
Sha Sing
Has anyone worked with ReadyREI in Saginaw, Michigan
20 January 2025 | 19 replies
Every company has atleast 1 person who leaves a negative review but what you fail to realize is that this is real estate.
Desiree Board
Sole proprietor, LLC or Corporation?
22 January 2025 | 3 replies
I recently read a book that mentioned there being a lot of power and benefits of a personal corporation but I'm curious as to when a corporation is actually beneficial over the latter.
Scott Johnson
Scammed by "Estate Legal"
31 January 2025 | 20 replies
And not even posts where users give me and/or BiggerPockets negative feedback, no matter how much I do not like the posts, or how untruthful I personally feel them to be.
Joel Oh
Focus on one platform
2 January 2025 | 50 replies
Don’t hurt your ranking by splitting your property into many baskets… especially those personal websites!!!!
Brenden Stadelman
Is The Investers edge legit?
27 January 2025 | 17 replies
I would not borrow from ANY lender I learned of over the internet unless I knwe personally people who had used them.
Adam Macias
Wholesaling as it is today will be a thing of the past.
12 January 2025 | 8 replies
Quote from @Adam Macias: Wholesaling as it is today will be a thing of the past.It’ll truly be strange to even hear people and gurus trying to make big money off it.The more people try wholesaling but then end up not having an end buyer or cancelling contracts or trying weird things like novations, the more all of real estate will be regulated and cause requirements like licensing to be able to transact more than just your personal resident purchase.Which I don't know why hasn't happened sooner.Here's all the states (in red or yellow) requiring a license to wholesale or at least have started the process:Credit: REITipsterI think licensing and regulation is a beautiful thing that should happen if you plan to be an wholesaler and do more than one deal... which is going to be the case for anyone taking this business seriously.Or even it being regulated to need a real estate agent to do more than one deal outside of buying a personal residence.I've had plenty of failed attempts with agents in pursuit of wholesale deals and I know exactly why, it's not because the agent couldn't find me deals, it's just not practical to think there's opportunity for the numbers a wholesaler needs to make a profit on top of everyone else needing to these days.Because the only sellers who truly can sell at a deep enough discount are usually those who ran out of time and just didn't do something sooner with their situation.I know many coaches and gurus will disagree with me but there’s no regulations on youtube gurus and what they teach either.If we look at the current state of the market in hot cities, the availability of online resources to the average homeowner, how many deals can you possibly believe are available at 70% of ARV?
John Lasher
Coaching for multifamily?
31 January 2025 | 24 replies
Personally I'm against these types of programs, especially 5-figure ones.
Charles Chester
HELP!! Question about LEXISNEXIS
18 January 2025 | 3 replies
Do you think using lexisnexis would work for skiptracing to find a person's phone number?
Jordyn Ohs
How much is to much leverage?
16 January 2025 | 6 replies
From a personal standpoint I target 70% LTV for any investment I have that way gives me ability to sell it if I need too