Louis Fernandes
Seeking Advice from BiggerPockets Community: Loan Direct LTD Legitimacy?
5 July 2024 | 8 replies
You should carefully review the terms of the loan, before you agree on proceeding with the loan process. ...Here is the TERMS AND CONDITION review and get back to me immediately.{1} The applicant will start the repayment of loan at the end of every month starting from 6 months after loan has been transferred, the loan is charged at 3% interest rate.{2} Failure to pay back the loan at this expected date/period, legal actions will be taken against the applicant by our attorney immediately. {3} Applicant who is unable to meet with the repayment will be given 2 weeks more as a grace period before legal actions will be taken. {4} Note: As soon as you in agreement with the terms and condition below your loan will be approved by the governmental body so as the loan papers can be processed. {5} Note: The borrower will be responsible for the loan processing/documentation fee and this is the only fee expected to pay for this transaction to have your loan transferred to you as soon as possible, NOTE: This payment will not be deducted or added to the loan IT IS PAID UPFRONT $1075.00. * Your inability to pay or agree to the payment of the upfront fee, means you are incompetent of repaying the loan.
Steven Garza
BRRRR Vs Flip When And Why!!
6 July 2024 | 16 replies
My goal is to get out of my 9-5 which is maybe why I'm wanting to start cash flowing asap lol. again thanks so much for the insight.
Jay Hinrichs
ON line Notary
3 July 2024 | 5 replies
Having a strong setup will ensure you’re set up for success.4.
Amani Abdel-Dayem
Wholesaling in New Jersey
5 July 2024 | 20 replies
I am new to real estate investing and would like to get started with wholesaling.
Jorge Vazquez
Buying Real Estate in Florida: End of 2024 or Wait Until 2025?
2 July 2024 | 3 replies
It's smart to invest when you're financially strong enough to not need to do anything, but always could.Florida is literally the definition of a falling knife in some pockets.
Kathleen Park
The Idea of Renting out Current Home to Buy a New Home
2 July 2024 | 6 replies
Given your situation and concerns, here's a breakdown of considerations and advice:Pros of Renting Out Current Home and Buying a New Primary Home:Living Condition Upgrade: Moving to a larger, newer home with boutique features can improve your living space.Rental Market: West Town in Chicago generally has a strong rental market, which could provide good rental income from your current home.Portfolio Diversification: Adding another property to your real estate portfolio can enhance diversification and potentially increase long-term wealth through property appreciation and rental income.Cons and Concerns:Interest Rate: The current interest rate of 7% on a new mortgage is high, and there's uncertainty about future rate decreases.
Agustin Conti
Tenant asking to fix things and get a cut on rent
3 July 2024 | 14 replies
I would strongly advise against it unless they are a true handyman, carpenter, plumber, electrician, etc.
Zachary Palmer
First flip on my own
5 July 2024 | 4 replies
Finally, getting started on my own business.
Allison Craft
My first Airbnb!
5 July 2024 | 0 replies
I just started my first co-hosting business as well.
Brenda B.
Hi! I have never done a JV can someone reccomend a template?
5 July 2024 | 3 replies
I'd recommend you seek a real estate attorney who is familiar with real estate investing and start there.