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28 May 2024 | 8 replies
Traditionally, I get re-pricing the loan per current market rates but charging me since we didn't close in 30 days since start doesn't seem right since the lender definitely had some lagging parts on their end and an insane due diligence process.
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29 May 2024 | 8 replies
Actually beat that on subsequent homes for us and saved a ton in the process . . not to mention no wall repairs.
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28 May 2024 | 5 replies
Hi - typically Mixed Use properties are going to require a traditional commercial real estate loan from a bank, small balance commercial private lender or for the larger ones a CMBS style loan.However, a newer "DSCR Loan" product for Mixed Use is making a comeback - which is a really great option for smaller properties/more beginner investors since it has all the same trappings as a residential DSCR Loan (30-year fixed, easy qualification, straightforward process) for a property with commercial units.Generally going to be limited to 8 units max and has to be primarily residential in every way (majority residential by units, square footage and rents) but if it fits all that, its a great option
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28 May 2024 | 19 replies
What you choose to do won't make or break your success, how you choose to do it will.
28 May 2024 | 19 replies
And you can pay for all the coaching and programs and still not fully understand what steps you need to take and then take them successfully.
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28 May 2024 | 7 replies
@Grant Schroeder - Absolutely, thanks for your help and a smooth process on getting that HELOC drawn so quickly!
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28 May 2024 | 4 replies
Utilize the different BiggerPockets calculators to familiarize yourself with the market and the deal analysis process.
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28 May 2024 | 1 reply
We are in the process of flipping our primary home and have found costly repairs that are needed, and we simply cannot come up with the needed funds to pull us through when we list in September.
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28 May 2024 | 5 replies
Its easier to have investment success in areas with growth, as a rising economy raises all values.
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28 May 2024 | 4 replies
I'm in the process of buying my first flip and I want to move in while fixing this property.Any advice is appreciated.Thank you