Johan Adler
Which to pick: Investors or Loans?
28 August 2021 | 6 replies
I am mainly interested in seeking out investors not lenders so if the flip incurs a loss I will be somewhat protected as I will not have to pay back the investor as with a lender I still would.
Steven Steele
Seeking Crypto knowledgeable accountant
3 October 2021 | 1 reply
Good Afternoon Biggerpockets!
I am in need of an accountant with knowledge about crypto tax. Any references would be greatly appreciated
Thank you,
Steven
Sarah Bojorquez
Local Apprenticeship programs?
3 September 2021 | 5 replies
So, I think you are on the right track by seeking education, but also wanting to stay local.
Brooke T.
Formula to guesstimate the delinquent mortgage balance?
4 September 2021 | 6 replies
Even if you could figure out how many payments were missed, you cant possibly know how much interest was charged, or late fees, penalties, legal fees, etc...
Andy Sabisch
Thoughts on analyzing this deal
2 September 2021 | 0 replies
We are not showing a management fee because we are planning on renting one of the units to our daughter and have her serve as the manager for the other two units (feedback on that is welcome as well).The units have been updated in the past few years and the owner is a licensed contractor who did a good deal of the work with his company (plumbing, electrical, windows, roof).We are planning on using a HML that is offering a 30-year fixed load, 1 point to cover early refinancing since they do not have a penalty to do so, an underwriting fee of $995 and a processing fee of $695.
Shashank Gokhale
Contract law for buying real estate
8 September 2021 | 13 replies
Just be sure your language is not ambiguous and that you have the right to terminate without penalty if you don't like the inspections.
Isaac Wall
Aussie living in NYC
19 November 2021 | 9 replies
If you are seeking out asset accumulation and equity appreciation over the long term then there are certainly fortunes to be made.
Christopher Brian Riddle
Delinquencies - What is your best strategy to handle these?
10 September 2021 | 7 replies
I am seeking advice on the best strategies for collecting delinquent payments.
Horace Grant
System for looking at recently sold homes?
3 September 2021 | 1 reply
For those without MLS access, Zillow, Redfin, Trulia, and Realtor.com should get you the info you are seeking unless you live in a non-disclosure state, as home sale price is not public record in such states.
Dominic Taylor
Flip or Rental for first time investor?
5 September 2021 | 5 replies
Usually a short term interest only rehab loan with no prepayment penalty.