Anyone understand how HUDs new loss mitigation concept supposed to reduce mortgage payments? I'm not getting it. Particularly this paragraph here. I just don't see how the extra 2nd mortgage is supposed to (temporaril...
This isn't a post about a specific success, more like the mini-successes we've had so far on our road to our big success.
As today comes to a close, so will my 20s, and with that, my sense of youth. Sure, as...
Do we have anyone that has personal experience with a 1031 strategy that is sponsored by an UPREIT?
My parents own a rental (has a mortgage) that we were going to transfer it under an S-Corp assuming it doesn’t trigger the due-on-sale. However, after an analysis, Turns out the property is not very profitable, so we ...
Hello my new-found Bigger Pockets Family!I am Katie Brooks currently living in Atlanta GA, 24 years old and a student in business administration and marketing (with a dual major in real estate).Presently, I am a senio...
Hi
I need a private lender for a a house that I am buying to hold as rental. Details below
Purchase price. 47k
Rehab 38k
ARV 125k
I would need funding for 47+38= 85k. That is 68% of ARV . The 38k rehab can be r...
Hello! What are the benefits of getting a real estate license for a new investor? I met a flipper today and his suggestion to me as a newbie was to go and take that class so that I could learn more about this business...
Hello Biggerpocket Members,My name is Doug Johnson and I just joined the community. I am new to investing in buy and hold properties for cash flow but I am excited to get into it and am absorbing information daily. I...
Hey Everyone,
I just joined the biggerpockets site a few days ago after a recommendation from a friend. Although I am new to the site, I have been researching and absorbing as much knowledge as possible for the past ...
In checking the utility faucet under the bathroom sink a bit ago, my helper found a small drip. In attempting to stop it, the whole thing broke. Several gallons of water flowed before he could get to the main valve an...