I read a great article on the BiggerPockets.com blog a few months ago, and can’t seem to bring it up in my search now. The article compared a scenario in which an investor would own a few properties outright to genera...
Hi,My name is Lenny Liang. A few days ago, I moved to North Carolina from Maryland. Over the past 6 months, I've been voraciously consuming Bigger Pockets content (especially the excellent podcasts). I told myself tha...
If I earned interest on a promissory note, but incurred expenses to loan that money, how do I report that?I loaned money to a real estate investor who then used the money to fix and flip a property. He gave me a promi...
What is a good company to use for a DSCR loan with 100% financing?
Hello,I've heard the 10 mortgage cap on conventional loans but today I was told by a friend that after 4 conventional loans under your name the fees or cost of conventional loans increases. Is that true?When I questio...
Hi BP group,I am interested in seller-financed deals, and I have two questions you might be able to help with:1) Is it possible to refinance a seller-financed property through a bank or other traditional lenders?2) Wh...
I'm asking BP members for a referral to someone you know and/or have worked with who is a Land Development consultant in the Charlotte Metro Area. With all due respect to the development big firms out there, my projec...
I work for an organization in San Jose, California that trains young people in job skills and along with that they complete their GED requirements. We are starting to work on Tiny Homes as a project direction -- our p...
Hi all. I’m in the process of completing my 75 hr pre course for my sales license. My husband and I are also looking to purchase flips and buy and holds. I’d like to get a new laptop for work purposes. I’ve seen som...
Hi Guys,when you receive deals , do you pay any attention to the financials and pro-forma in the offering memorandum or do you skip that part and do your own pro forma analysis?I would think that the actual financials...