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8 December 2017 | 8 replies
@Daniel Pichardo Unfortunately, no I have never heard anyone using those sites.
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4 December 2017 | 7 replies
So in theory , yes, you’d want to make sure the foreclosure was done properly and all parties served.
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13 March 2018 | 3 replies
I started listening to real estate and financial podcasts about 2 years ago which led me to the BP podcast and then to this site.
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20 March 2018 | 5 replies
Product sheet on the site. 10,000 loan variations plus a net branch system where you can learn the lending side of things and earn on both sides of the fence, doing your own real estate deals and the ones you don't offering financing.
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13 March 2018 | 2 replies
There's a lot of discussion around partnerships, private lending, and hard money, but I don't see much discussion on the actual mechanics - what these arrangements look like in practice.My hope is this post can serve as a reference for those starting out, so we may get a better understanding of how these strategies are actually implemented as well as an ability to more accurately predict the profits and returns you and your lenders and partners can expect.If those with more experience would like to revise these numbers and statements, it would be most appreciated.These scenarios assume you, the flipper, are bringing none of your own capital to the deal.Typically, this would mean 1 of 2 scenarios...Private Lending - Someone you know brings 100% of project costs (purchase, rehab, acquisition costs, holding costs) to complete the deal and in return, they get a certain percentage return which comes out of your profit.Hard Money + Partnership - You get a hard money lender to cover 80-90% of purchase+rehab and a partner to cover the remaining 10-20% as well as acquisition costs (including hard money origination and points) and holding costs (including hard money interest payments).An aside about the structuring...Private Lending - A promissory note is created, and your private lender lends to you or your business.
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13 March 2018 | 2 replies
I have a son who serves in the U.S.
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21 March 2018 | 5 replies
Welcome, you are in good hands here on BP its a great site with tons of info
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7 April 2018 | 3 replies
There seems to be no way to search all evictions either current or past.I also don't want to search their site against my Listsource of 60k+ absentee owners.
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29 March 2018 | 19 replies
As a matter of fact Bigger Pockets (the social media site you & I are currently on) happens to be one of the best social media sites in regards to driving traffic to your website.
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26 March 2018 | 2 replies
I am new to this site and new to investing!