Good afternoon Bigger Pockets family!So, currently own 100% of equity in a property and have been looking on how to expand my portfolio in the real estate business. After doing research I found the BRRRR strategy usin...
Example:
Property: 3 quadruplex buildings on the same street with separate mortgages owned by the same owner.
Sale price: 1,100,000 with buyer putting 15% down.
Owner provides a WRAP of 935,000 at a 5.5% fixed rate...
I've been reading the forums and i also am interested in non performing notes. They say u have to get a mortgage broker's license to do business legally but cant u just wholesale the note just as you would the propert...
I am trying to do a flip and want to take advantage of the low rates and down payment options of traditional lending, but I’m worried I will not have enough money for the improvements I want to make on the property. I...
OK, I have contacted the bank I have done business with for years for personal stuff to see about a loan for a property. They want %25 percent down. Is that normal to be that high, or do I need to look for another ban...
Hey folks,
We have a commercial deal under contract and after inspection have uncovered (as expected) needed repairs that not found before signing the agreement of sale.
When renegotiating, would you go...
Any advise helps
I am planning and researching my first real estate investment. Lately, I've been drawn to the idea of office condos for cash flow. My plan would be to purchase an office condo somewhere in the neighborhood of 1000-150...
Hi, I've read some forums on this already, but would love to see if I can get some additional feedback, and maybe even some specific to my area. I am working on getting my real estate license in Virginia and intereste...
With interest rates rising up to 6%, are you still buying long term rental buy and holds or are you hoarding your cash and waiting for the market to turn?