Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Ashley Jones Primary Residence to Rental
27 January 2020 | 5 replies
Most traditional lenders have a clause in their contract that would allow them to call the full balance of the loan due if the title is transferred out of your name.
Kristen R. Financing a Real Estate Development Deal/Duplex in HCOL area
27 January 2020 | 0 replies
looking for creative ideas/recommendations on how to finance a lot purchase/duplex build in a high cost of living area (mountain ski town)... plan is to turn and sell 1/2 the duplex for a good profit which will payoff approx 70% of the total cost of the land + build. then re-fi the remaining into a traditional mortgage and use the remaining 1/2 duplex as an investment property which we will do as a STR partially and use as a vacation home.we'd prefer to not collateralize/heloc our main home and rental property (currently only have 1).
Juwan Rohan Banking with business credit!
27 January 2020 | 2 replies
Cons:Usually they don't like to lend under a one million for us they require 25% down and 1.1 coverage (ratio of the property income to loan).Run of the mill deal in our neck of the woods right now: 20 or 25 year amortization, 5ish% interest( based on the term) and term is 3-7 years, 1% originationThey require personal granteePros:For us, they are a lot more flexible then traditional financing and will finance a rehab (75% of AVR or 75% of the project whichever is less)It's a business credit not personal.
Ryan Steiner Real Estate Computer Programs (Podio/Flipster/REI) opinions?
6 February 2020 | 6 replies
You will also find Construction Management software built specifically for homebuilders and remodelers like BuilderTrend & Co-Construct.Podio, AirTable or SmartSheet could also be a good solution because they are very customizable, but will take some work to get up and running.Here's a summary of other products you might want to consider for project management below:General Business Task ManagementTrello/Zoho Projects/Basecamp/Workflow - Feature-rich project management software that includes Tasks, Gantt scheduling, calendars, project forums, document storage & team collaboration tools.  
Ryan Schultz BRRRR...Please Help Before My BRRRR leaves me out in the cold!
27 January 2020 | 0 replies
I'm hoping to stay in the lower and rent out the upper.My credit is around 600...that coupled with the mid remodel makes it tough to find traditional lenders.
Nick Pandya coin operated washer/dryer for Duplex rental in NJ
30 January 2020 | 13 replies
A good middle ground I have seen, is to buy traditional ones, and get an aftermarket machine that charges tenants.
Jonathan Iamarone Purchasing Property Under LLC
27 January 2020 | 1 reply
If you hold a property in an LLC using hard money, you get a traditional mortgage by "buying" it from yourself when you refinance.
Jimmy Hung Contemplating on whether San Antonio is a good location
27 January 2020 | 1 reply
I know I want to get a multi family rental for cash flow, will utilize a traditional lender, and am willing to rehab/renovate, but not a fixer upper.
David Bloomer New from Oklahoma City
16 February 2020 | 17 replies
The state is rich with resources and investors.
Jessica Trevino Newbie Investor from Houston, Texas!
28 January 2020 | 4 replies
I was introduced to real estate investing in 2017 when a friend recommended I read “Rich Dad, Poor Dad” — my life was forever changed!