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Detroit Property Investments
Hello everyone! I’m looking for advice on purchasing property in Detroit from the Detroit Land Bank. Is it a good idea to purchase a property from the auction with cash and then take out a loan to rehab? Has anyone ha...
Brianna M.
Debt to income ratio
Curious to know if taking on a conventional loan with a partner will help my DTI for the next property I want to purchase. Is partnering with someone a good way to lower your debt to income ratio? Or will the lender a...
Paul Miller
Newbie closes First 2 deals in 6 months - you can too!
I wanted to give a big thank you to the bigger pockets platform especially to that dorky guy Josh and the other guy's name i can't remember (haha) Brandon for providing this sight as both a source of inspiration and i...
Account Closed
Desperately need advice on Auction property / Mortgage
Hey everyone!Thank you in advance for helping me get out of this tough spot. -Property was listed as a short sale prior to auction and under contract for 133k by someone else-Bought a property at auction last week (HO...
John Rooster
Who do you think will win: Zillow, Trulia, or ????
It is my belief that in the next few years a nationwide multipurpose real estate website will evolve to become a major player in real estate sales. At first augmenting, but eventually displacing local Multiple List...
Neil P.
Purchasing a House all Cash Then Refinancing
I would like some expertise on this current issue I'm facing.I have this house 155,000 purchase price. I want to do all cash and refinance.I am going to get an appraisal done Monday, the seller is very confident the ...
Timothy W.
Why Michael Moore is wrong about capitalism
http://business.nd.edu/ask_more/commentary.aspx?id=4649
I found this very interesting article written by two Notre Dame university business professors. It is short and succinct but very interesti...
Engelo Rumora
How I Said “$#%@ It” & Retired in the Bahamas at 28 Years Old
G'Day Bigger Pockets,I hope you guys are smashing your goals for this year.I wanted to inspire you today and share my success story. This is one of the proudest moments of my life as a business owner and entrepreneur....
Don Konipol
COMMERCIAL Mortgage Broker Licensing Requirements by State
There has always been many questions as to if one needs to be licensed to engage in COMMERCIAL mortgage brokering/origination or RESIDENTIAL INVESTMENT property mortgages. Here is a list of states divided into three ...
Therese V.
What is cap rate?
What is a cap rate? Why do I want to know it? How do I determine it? What is a good one?