Henry Clark
Mentor 9- Financing
Read post 1. This is a broad discussion. There are many ways to finance by situation.A. Sources- personal, collateralized assets, Credit Unions, Conventional Banks, Hard Money Lenders, Relatives, SBA, Farm Credit ...
AJ Wong
Please ask your Realtor and Lender about Seller Concessions
To be fair, I'm posting this as much for investors as I am for other Realtors. Partly because in times like these (or any market really) seller concessions can be an excellent tool for improving buyer conditions, but ...
Jeffrey Hayes
How to find out how much money lender is owed on a short sale
I'm buying flips now and I was just wondering if there is a way to determine exactly how much money is owed(in other words what the current loan amount is plus penalties and fees) in order to make a better offer on a ...
Domonic Pope
First Motivated Lead.
Hi Everyone,I just got off the phone with a friend of a motivated seller. The story goes like this..The seller parents died a couple of years ago and had bad renters that lived there with out paying rent. I've asked t...
Shane Crockett
MF STRs and NOI / CAP Property Valuation
Are there hard and fast rules around valuation math for STRs? Some like standard NOI and CAP, others believe it's a hybrid approach which also requires comps, others believe it's still just comps (which I personally ...
Account Closed
How to find amount of equity in pre-foreclosures (Florida)
I'm looking for off market pre-foreclosures in South Florida and have looked up lis pendens on the counties' records. I don't see where it mentions the amount that is still owed on the mortgage though. Where can I fin...
Victor Alfonso
Cash out Refi - Appraisal
I'm coming up on my 1-year anniversary of owning a particular investment property that I purchased with cash and I'm looking to do a cash-out refi (for more RE investing, of course!).
First off, I'm assuming that the...
Gregory Massi
Multi Family valuations
Hello Bigger Pockets - I am looking at buying this multi family in southern Connecticut and I am having trouble determining a proper valuation. It is a three unit and is located in a very good area -walkable to store...
Paul Farley
First business - sales tax/income tax questions
I created an LLC a couple of years ago and put the business to the side for a while. I am about to begin the process with it and had some tax questions.This business will most likely always be a side gig for me, so I ...
Mike Nelson
How do you value a residential buildable lot outside Madison WI?
Located in rural McFarland, WI outside Madison. My mother is selling her home, and an adjacent, separate 1/2 acre buildable lot with access to water and sewer. It is located on a rural street with about 12 homes. A...