John Wallace
Current DSCR rates? Who's got the best program?
Hi everyone. I'm hoping you can help me find some good DSCR lenders and give me an idea of the going rates? I was quoted 9.75% for a DSCR on a rental property recently. Is that average? High? Low?! As I am shopping, w...
RICK SAROUK
THE REO MYTH !!!
This message is for investors in CA, NV or AZ. I am a licensed broker and certified appraiser. How many of you are profiting form investing in REO properties? I can honestly tell you that the myth the gurus are spread...
Account Closed
NEGOTIATED SALES PRICE $754,498...and $98? Really?
Why would the price have not been negotiated up $2.00 to $754,500 or down $98.00 to $754,400, a round number? Do you know how much chaos and extra time and effort throughout the loan process correcting the sales pri...
Luis Aguilar
creative ways to buy my 1st house??
Hello everyone,
My long term goal is to create wealth through real estate. I am getting my real estate license for many personal reasons. Eventually I am going to find properties that I can fix and flip and purchase ...
Minh Le
Seller taking on another contract while escrow as not closed
Hi all,I have everything in place to close on a property purchase, however, Seller is wanting to take on another contract, because closing was delayed by a week, and we did not have an amendment to officially extend t...
Kathy Armstrong
Dallas/Fort Worth BiggerPockets October Meetup Speaker!
Hey everybody! I am so happy to announce our October speaker will be Mitch Stephens from San Antonio, author of the book My Life & 1,000 Houses Failing Forward to Financial Freedom. He will be driving all the...
Steve Vaughan
A commercial mortgage bites the dust!
I never do this! A little nervous with the Just Stop thread going on - but had to share. Freedom is more important to me than anything. It's why I do REI. My 3-word goal for 2017 (if you remember that thread) was 's...
Justin Glass
Carrying the note
Hey guys I have a question. I am probably different than a lot of you in the fact that I deal in mainly land instead of houses. I do really well in this business and deal in the market of hunting and recreation lan...
Bill S.
Non-success Story
So there ought to be a forum section for mistakes. A place where we can post our defeats, where we can process what went wrong and share with others so they can avoid the pain. Since that doesn't exist. I'll post here...
Phillip Gonzales
CASH FLOW
I know cash is KING but I was hoping from some clarification in the whole aspect of not flipping but buying property and renting it out. I keep hearing this 50% rule and what not, but just want to see if anyone has an...