Lamont B.
How do rent properties to vets?
Afternoon BP community, a relative mentioned renting to vets but the relative does not know the process. I just signed a contract to purchase a house in a nice community in Baltimore ( Edmondson Heights for those tha...
Joe Cisneros
"Cash back at closing from developers"
Hey All,
I'm trying to get started in investing and, since I have a full time career that I enjoy and pays me well, I'm not really looking to have REI be my new full timer.
I've seen various deals that all sound fai...
Scott V.
Friend wants a personal loan @ 20% interest. What would you do?
Short summary of the situation: A friend of mine would like me to loan him approx $32k which he needs as a down-payment for something. I have a pretty good general idea of his financial situation and I know that he ha...
Bob Willis
Considering first private funding deal
Hey All - I own a small house I am thinking of selling and providing the financing myself. This is the first time I have considered this. I recently read the Lend to Live book on private money lending. But wanted to r...
Glenn McCrorey
1031 Exchange question
Does anyone know if I do a 1031 exchange selling a rental property and buying another one, then move into the other property after renting it out for a period of time and make it my primary residence what happens when...
Bryan Hancock
Why Does Kissing The Note Add Value?
Okay note pros...I have seen some discussion over the last several months about people kissing (guaranteeing) the notes adding value. It seems like you buy notes with sufficient ITV to protect your investment.
So ...
John Corey
Personal Guarantee (PG) negotiations
I did a quick search and did not see anything recent that matches this. If someone knows of a good thread, drop a link here.Otherwise, lets discuss what people do to negotiate PGs. What is considered normal or accepta...
Zehua Zhou
Does standard non-recourse Freddie Mac Commercial loan work for IRA accounts?
I understand that IRA loans need to be non-recourse. I talked to a commerical RE lender who does the Freddie Mac Commercial loans and his sample loan doc has the following language:Non-recourse to Borrower and Guarant...
Louis Porter Jr.
If I own the property 100%, can I get a mortgage immediately?
So I am planning to buy a property in Northern Florida for cash ($70K) and after the purchase, I am planning to get a mortgage for this property ($83K). How long do I have to wait to get a mortgage on this property? I...
Pita Lucas
Question: one house was bought under special warranty deed, does it mean that the house will have to be sold under the same warranty deed?
Hi, there,I am a newbie to BiggerPockets and I am asking some questions about the warranty deed(title).I bought one foreclosure house in Florida and i was given a "special warranty deed". It appears to me that all for...