John T.
Best strategy for scenario
Hello. New to Bigger Pockets and RE investing. I would like ask for some earnest advice regarding my current position and possibly the best strategy for next investment effort.Recently purchased a primary residence u...
James Galla
How does REFI after Reno work?
Hi,So I have a question based on this hypothetical to see the mechanics of a refinance, specifically a cash -out refi. So, imagine I purchase a home for $25k and then do renovations to where the value is increased by ...
Matthew Murray
Experienced RE note investors
Anyone experienced in real estate notes? I have a potential note that the sponsor is asking me to be a part of. I’m doing my due diligence to see if there are any red flags. TIA
Jake Handler
Seller Finance Purchase. Ideas on Funding Rehab?
I am under contract on purchasing an off-market home, seller finance in North Jersey. I am getting a 5% interest rate, 30 year amortization with no balloon, no prepayment penalty.
I am deciding the best way to fund ...
Karen Margrave
LOAN BROKERS - CAN WE PICK YOUR BRAINS? Hard $, Pvt. $, Direct Lenders, etc.
LOAN PROS, often I see on BP questions on Private money, hard money, direct money lenders, etc. Though I'm knowlegable on hard money loans, I know there are many out there that are curious and would appreciate picking...
Bill Schultz
The bankers code
Has anyone seen this course? Something about obtaining private money and re-lending it at a higher rate. I would love to hear some reviews.
Jarrod Ochsenbein
Private lending in 2nd position
2nd position loan questions
How do you insure you mitigate the risk of not being paid back?
For me I use;
2nd lien on target property or cross collateral property deed of trust
JV agreement
Promissory Note
Pers...
Benjamin Sussman
When does overleverage get you in trouble?
I’ve heard that people lose everything when they’re overleveraged. When would you say people lose their shirt in RE investing, when debt to equity ratios are to high or when their debt to cash reserve ratios are too h...
Ken T.
First real estate deal as a lender
Hello BP! I am one step closer to officially being an investor. I have been presented with a promissory note secured by real estate by a borrower, but I am very nervous about how to proceed with the drafted note provi...
Linda Willis
New to Notes
I signed up with a company to submit performing notes. I did submit a note but the seller did not accept the offer. I have since stated going on line and finding other places to submit. Is this the best way to go ab...