Shelly Moses
Happy Tuesday, Bigger Pockets Community!!
14 January 2025 | 2 replies
Just remember that wholesaling is much tougher than all the gurus make it seem to be, but not impossible at all if you create the right systems and understand, when you are new, that you are solving problems, not throwing cash.
Kyle Carter
Sub 2 Financing
7 January 2025 | 7 replies
For me as well as the seller.First, you have to define Sub to financing.Do you mean the reckless kind where you overpay for a property, take over the financing and borrow from others to cover closing costs and holding costs when you have no money, no credit, no income, no reserves and can't tell a warranty deed from a deed of trust and you close on the kitchen counteror do you meanbuying below market value, already having a nice income, having reserves, using escrow and title, already understanding the due on sale clause, have done a lot of creative purchases and know when to use and when not to use creative finance and how to recover if something goes amiss?
Rachel Weiss
how to become a hard money lender broker
7 January 2025 | 8 replies
Then connect with some hard money lenders (you can find some here on BP as well as some who are typing this right now) and connect with them to understand their product type, what they like to lend on and requirements.Hard money broker is all numbers game of making relationships and helping those that are looking for financing, it starts out slow but if you get with a few good borrowers and lenders it can be pretty decent money to be made.As an example we paid six figures last year to HM brokers.
Joey Chalhoub
Tax Lien Foreclosure and Supreme Court Case
11 January 2025 | 5 replies
It's my understanding it's now similar to if it was a mortgage foreclosure.
Lorenzo L.
Buying my first property (NEED ADVICE)
14 January 2025 | 37 replies
I just dont understand how people are buying at such low caps ?
John Fleming
Property Management Reccomendation
14 January 2025 | 3 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
J.P. Coghill
Appfolio On Boarding
14 January 2025 | 4 replies
Yes, I share the same feelings and dont understand why the information and steps required is SO extensive!
Pierre Garcia
New to the real-estate game. Taking my first steps through bigger pockets platform.
6 January 2025 | 1 reply
It’s great to hear that you’re already working on a project to expand opportunities for real estate investors—that’s a fantastic way to immerse yourself in the field.As you dive deeper, here are a few things you’ll want to focus on to better understand how real estate investors analyze deals and make decisions:1.
Bob Asad
Can You Resell a Seller Financed Land or Property?
8 January 2025 | 8 replies
I guess I dont understand what you asking.are you asking can a buyer cash out your equity and just take over your seller financed loan.
Denice Doron
Newbie to real estate investing.
12 January 2025 | 4 replies
Podcasts and books are another fantastic way to get some knowledge in and help understanding the basics.