BP Pros:I have done a ton of research on paying off mortgages early. With interest rates at historic lows and given that early payoff return is equal to the interest payment, I see expansion as a better option. Additi...
The snow is starting to fly here in the Northeast and I’m trapped in doors for the next 24 hours.
With the free time I thought it a good chance to get reassurance that my current deal is a good one.
I bought a 2 fam...
Help needed please!
A year ago me and my ex girlfriend purchased a house. Her dad gave us the down payment, I paid $5,000 for closing and about $3,400 in updates on the house. When we separated I moved out, and we ag...
So I'm using private money to buy some of my rentals. The loan is currently in MY name,... should I have them add my LLC to the loan contract so my LLC shows the debt to discourage legal action against my LLC? Thank ...
Hello BP community,I am a note investor currently living in the states. I have plans in the future to broker mortgage notes to foreign (European) investors. I'm looking for advice and was wondering if anyone has any e...
I’m looking at going into a deal with someone that already owns a piece of property. We are essentially supplying the tenants in exchange for equity in the property as opposed to a percentage of the income. We have a ...
Is it legal to ask for tax returns/W-2 when screening Tenants?
Hello Bigger Pockets --
While there's been some setbacks during 2020, I am finally aiming to acquire my first property in 2021. I've seen lots of discussion about private lending partners, but I was hoping to receiv...
Hi,
Let's say I bring a buyer & seller together using a wrap mortgage. If the buyer signs for the obligation directly, is there any way for me to collect an interest rate spread? If not, how else could I ...
I currently own one rental property and would like to add more. I am in the process of getting my broker's license and have quit my job, so I no longer have the reportable income to qualify for a conventional loan. Ho...