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3 December 2024 | 4 replies
And after watching videos and familiarizing myself with the platform, plus I have determination, that I can absolutely get good at this.
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1 December 2024 | 7 replies
Hope you done get calls asking how to operate the TV remote or how to watch live sports!
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3 December 2024 | 14 replies
Hey Robin, thanks it's actually a creative finance deal with some value add opportunity, so I'm really looking forward to learning a lot from this Nice - sounds like a cool way to start Thank you, Robin, this is my first deal after literally being in tutorial hell(watching many videos trying to learn the strategy) so I'm really excited about this
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5 December 2024 | 11 replies
I recently watched a BiggerPockets podcast on YouTube where both folks made flood insurance mistakes from not noticing something in the disclosure.
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2 December 2024 | 2 replies
I learned the most from doing deals the most than watching podcasts so totally agree.You should be able to find more agents if you click on the "agents" tab on BiggerPockets
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5 December 2024 | 48 replies
People watch youtube or HGTV every day and instantly declare themselves an investor.
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1 December 2024 | 0 replies
I like to garden in my free time, this summer i noticed how much we saved with the garden and I've been watching more videos on personal finance.
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2 December 2024 | 10 replies
Borrower Types: The Professional - HM Lender will cut sweet-heart deals to keep these borrowers around Experienced real estate investors Regularly engage in property transactions Typically have a track record of successful projects The Newbie - Charge Higher everything as the risk is higher as no experience Novice investors or first-time borrowers Limited experience in real estate Seeking to build their investment portfolio The Deadbeat - Only lend if the deal is so SWEET, they can't lose if they take the property from the Borrower Borrowers with poor credit history or financial difficulties High-risk borrowers May struggle to secure traditional financingThe lender will do an application on the deal/borrower and some standard docs they require are:Hard Money Application / ExperiencePurchase contractARV report – COMPS – See * Redfin*Pictures of Property – most people use Dropbox to shareProof of Funds – Down / Reserves (Bank Statements)Personal identification (ID or passport)But usually if the deal is sweet enough, they will do it anyway because if the deal goes south, there is so much equity/value in the property that the HM lender can't lose.
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5 December 2024 | 554 replies
Nothing and watch from the sidelines
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5 December 2024 | 20 replies
And yes flipping multi families is definitely less risky, but not as applicable and available to everyone as single families.