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I'm talking to a lender who is concerned that if he seller finances and if I bring in some hard money for the rest that the hard money lender will be in first position and he will be in second position. If he is in se...
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Hello, I am trying to make a decision and thought I would put my situation here to hopefully get some advise. I own a home that is worth about $800,000-$850,000 and I owe $130,000. The property has two other dwellings...
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I'm currently trying to get out of an apartment that I'm paying $1300 a month for right now, and I know I can find a 4 plex or more in which I could be actually making a little cash flow/house hack, I'm currently self...
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I have an interest in purchasing and creating real estate notes as an investment company in the states listed below. I have heard about needing a MLO if I am creating notes but I am confused by the requirements. It...
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I need some advice on how to handle this situation. I have a client who was referred to me. He has a house that he has fallen behind in his payments on. He has moved out and is now renting an apartment.
The...
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I am about to purchase a town home to rent out. This will be my first property that I have ever rented. I am wondering do I carry the same type of insurance as I do for my home? What about home warranty insurance, is...
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I am in the process of closing the first deal using conventional financing. In the meantime, I have been looking at other properties for deal #2. I have identified a few good possibilities, however cash will be tight ...
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Hello BiggerPockets users, this is my first post but I have been lurking the forums, listening to BP podcasts, and reading about real estate for a couple months. I have been trying to plan my best course of action for...
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Hello BP Community!I am an attorney (focused on international law) working in-house for a big energy company in Houston, TX. I bought a small house in law school in Montgomery, Alabama and kept it as a rental for the...
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Hi BP!I currently own a rental condo free and clear. I plan to refinance the condo to use the proceeds for my next rental property. I’m looking for strategic advice on whether the refinance should be in the form of a ...